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What is the definition of tax threshold?

Posted 26 March 2013 under Tax Q&A

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I need to explain it to grade 12s

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TaxTim TaxTim says:
27 March 2013 at 8:59

A Tax threshold is the lower limit of earnings at which tax needs to start being paid. So any income less than the current amount of R67 111 would not be taxed.


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