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Tax on 30 000

Posted 15 December 2015 under Tax Q&A


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Johnny says:
14 December 2015 at 22:20

I am selfemployed sole trader. I need to know how much tax I will pay if I show a profit of say 30 000. Looking to get a mortgage soon so need to put my books in !!!!

This entry was posted in Tax Q&A and tagged , , , , . Bookmark the permalink.

TaxTim TaxTim says:
15 December 2015 at 15:27

If you are a sole proprietor, you would be taxed on your profits in your individual capacity according to the tax tables.

Please make use of Tax refund calculator to work out tax for the year on your business profits.
Remember to include all sources of income you earn.


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Let TaxTim
help you
submit your
Tax returns!


TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Get started