If I am a Sole Proprietor earning less than R59 750 for the tax year, am I a provisional taxpayer?
Posted 20 February 2013 under
Tax Q&A
I am a Sole Proprietor (offering consultancy services) who is earning less than R59 750 for the tax year. I'm not sure if I should be registered for Provisional Tax and filing IRP6s or not?
In theory yes, but given that you have earned less than the tax threshold and you wont have to pay any tax it may not be necessary to submit a tax return.
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