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SD says: 22 August 2015 at 9:13 I have a contract with one of the courier companies, I make _R3400 per week then pay my driver R1000 and use _R1300 for petrol and clear _R1300, do I still need to pay tax? |
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TaxTim says: 24 August 2015 at 7:57 You would not need to pay tax as the amount you earn overall as a profit per year is less than the threshold. Why do you wish to register as a VAT vendor? |
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SD says: 24 August 2015 at 9:55 I need Vat number to apply for tenders because most of these tender registration require a Vat number when you register on their data base and won't allow to register if you do not have it |
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TaxTim says: 24 August 2015 at 21:47 You can approach SARS to register for a VAT number if you earn more than R50 000 in turnover for the year. |
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