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Whitney says: 8 June 2016 at 13:44 Hi TaxTim I am a full time salaried employee but I also sometimes get tutoring jobs and I run a lift club. Will I need to declare what I earn for the latter 2 items? |
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TaxTim says: 9 June 2016 at 8:22 Yes, you should do if your total income (salary plus additional) for the year is above the tax threshold which is currently R75,00 per year. You may need to register as a provisional taxpayer - please work through our questions: Am I a Provisional taxpayer? Please also read our blog on What is Provisional Tax? How and when? Tax filing season opens 1 July 2016! Please Register for TaxTimand let us assist you to complete and submit your tax return to SARS. |
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Whitney says: 9 June 2016 at 9:45 So, when does the "if you earn less than R350k a year, you don't have to submit a tax return" come into play? |
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TaxTim says: 9 June 2016 at 11:20 SARS did put out that communication last year some time, however we strongly advise you to file a tax return if you are paying tax. Please read our blog on Reasons you should file your tax return |
