I earned R408330. 00 for the year. My wife pays the medical aid. I have 2 kids. I use some of my own equipment for work purposes. I have a endowment policy for R1100. 00 pm some medicine I pay cash. I also contributed to UIF R3569. 00
Only the equipment used for work purposes can be deducted - if it is less than R7000 then you can deduct the entire amount apportioned for work purposes from the earnings. Thereafter make use of our SARS income tax calculator to work out how much tax you should be paying.
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