Kiokote says: 27 February 2016 at 7:47 I just started as freelance consultant in Jan 2016. I am not sure how much I will earn as it all depends on if I get clients. Do I register for provisional tax? From reading your articles seem I fall in the 2nd payment what do I do? SARS assumes taxpayer will be able to pay upfront? |
TaxTim says: 28 February 2016 at 17:52 How much will you be earning in profit after expenses for the 2016 tax year? |
Kiokote says: 29 February 2016 at 7:02 Expecting income of least R25,000 a month. not sure of cost may be R5000 roughly. Do I need accountant letter to show that estimated income and expenditure? |
TaxTim says: 1 March 2016 at 0:36 You will need to register as a Provisional Taxpayer as your net income from other work is more than R30 000 per year. |