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Do I need to submit deductions if total income is less than tax threshhold?

Posted 28 January 2013 under Tax Questions



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Over the past years I went to great lengths to work out all my expenses for my provisional Tax return for my small, part-time therapy business and renting out a small flat. Do I really need to do this even if my total income does not reach the tax-threshold? This question still pertains to last tax-year (ending 28 Feb 2012),

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TaxTimTaxTim says:
29 January 2013 at 22:25

If you do not earn more than the tax threshold then you do not need to submit a tax return. For 2012 the threshold was - R59 750.


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