If I earn my income doing admin and bookkeeping through Odesk(an online service) from home, do I qualify for turnover tax? I would really appreciate an answer. Thank you for your service. It has helped me in the past.
Turnover Tax is only available if you are earning less than R1m per year.
Karinsays: 27 August 2014 at 10:28
Yes, the earning is well below that, but would I qualify if it's admin and bookkeeping related? Is that not a service industry? It is for an individual not a company or trust.
TaxTimsays: 27 August 2014 at 22:00
If you fit into:
"means a service in the field of accounting, actuarial science, architecture, auctioneering, auditing, broadcasting, consulting, draftsmanship, education, engineering, financial service broking, health, information technology, journalism, law, management, real estate broking, research, sport, surveying, translation, valuation or veterinary science;"
Then you will not qualify, so doing admin and book keeping would fall under the accounting exclusion.
Get SARS Tax Dates and Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.