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TaxTim says: 15 March 2014 at 16:28 You are already registered as an individual taxpayer, but would also need to register as a Provisional Taxpayer due to you not earning income from one source only. If your net earnings are above R500 000 you could consider registering a company which may lower the tax burden all all your income. |
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Amukelo says: 15 March 2014 at 17:59 So where do I start being tax compliant? |
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TaxTim says: 17 March 2014 at 9:45 You need to register for a tax number with SARS and thereafter will need to complete 2 Provisional Tax Returns per year and a final tax return each year. Final returns are due by November at the end of the tax year which runs from March - February and provisional returns are due in August and February each year. |
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