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Roxy says: 25 January 2017 at 6:48 I started my own photography business in July 2016 as have registered my business as a private company, and registered for Tax. I earn most of my income from clients overseas & get paid into my PayPal account, but do have South African clients who pay by EFT. I am terribly confused abut how should pay tax on my income, hope you can help? |
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TaxTim says: 26 January 2017 at 10:35 You are required to submit a provisional tax return to SARS at the end of February, on this form you declare the net income for 2017 (01 march 2016 to 28 February 2017) only. The 2016 income you need to declare on an ITR14 (you can register with us and we'll help you submit the tax return) |
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