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Do I need to pay tax in my first year of self employment?

Posted 3 May 2014 under Tax Questions


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Do I need to pay tax in my first year working?

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TaxTimTaxTim says:
4 May 2014 at 12:02

Yes you do, as soon as you earn more than the taxable threshold which is R70 700 for the 2015 tax year you will need to pay tax regardless of what year it is.


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