Good day. I was wondering if TaxTim could help me with a query relating to my salary at my new job.
The owner prefers me to invoice him for my services at the end of the month. My question relates to what the tax implications will be with this? The remuneration is R120K per year and will be paid monthly.
Does this require me to act like a small business? And is the tax payable more or less in this case?