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Full-time student, earn below tax bracket can I be taxed 25% per promotion job?

Posted 12 October 2015 under Tax Questions



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Concernedstudent says:
12 October 2015 at 13:27

Hi TaxTim,
I am a full-time student and work for a company during my free time where I do odd promotions in a month. I am earning below the tax bracket and I am being taxed 25%. I get taxed on jobs where I earn R350, R500, and R800. My question is should I be taxed even though I am way below the tax bracket? And how does it work with the tax if I do not have a tax number and the company have deducted tax but have not given pay slips yet? Can I be exempt from paying tax on a R350? What happens if the company taxes me but realises I am under the ta bracket and then do not tax me? What must I do on my side if this happens. Thank you

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TaxTimTaxTim says:
12 October 2015 at 16:50

Unfortunately, SARS does require part time workers/students to get taxed at 25% - however, if you are earning below the threshold of R73,650 for the tax year, you don't need to pay tax. You could inform the company of your situation and ask them to stop deducting tax if possible?

If they do not comply, you will be eligible to claim all this tax back when you complete your tax return for the year.

First step would be to get a SARS tax numberHow to get a SARS tax number

You could then Register for TaxTim and let us assist you to complete and submit your tax return for the year in order to obtain your tax refund.


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