10 June 2020 at 18:58
In January 2018 I stopped working as a full time employee and for the 2018/2019 tax year I did various things (including foreign travel and work) and earned different kinds of incomes. I did not register as a provisional taxpayer as at that stage I really did not know how the year was going to pan out and if I was going back into full time employment again. I would like to settle any tax I may owe for the 2018/2019 year, however with my different incomes, working out the country for more than 180 days etc. I do not know where to start. I am also uncertain whether to pay in my personal capacity (I do have a tax number) or to register a new company. I have all my income/expenses spreadsheets ready with scanned receipts.
This entry was posted in Tax Q&A and tagged Independent Contractor, Provisional Tax, Deductions, Commission, Rental Income, Dividends, Penalties, Travel Allowance, Audit / Verification, SARS & eFiling, PAYE & UIF. Bookmark the permalink.
10 June 2020 at 19:41
We unfortunately do not offer individual consultation we offer an online service to assist with provisional & income tax return submissions.
You will need to register for provisional tax and submit both provisional tax returns for the tax year 2019/2020 and then an income tax return which is due 1 September 2020.
Penalties & interest will accrue for late submissions on provisional tax returns should you have to make payments to SARS.
Please refer to our following blogs: Am I a Provisional taxpayer? What is Provisional Tax? How and when?
Foreign Employment Income Exemption - What is it really?
Please refer to our Pricing Page if you would like our assistance in submitting the tax returns.
If you are in need of an accountant, we can suggest Company Partners