Hide
Earn under R350,000? Click here to see why you still need to file to get your Tax Refund.
CLOSE
Get SARS Tax Dates and Deadlines in your Inbox
 

We'll tell you when you need to file, along with tax tips and updates.
Try Tim Now

Must I register a business?

Posted 29 June 2015 under Tax Questions



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
Dolphin says:
23 June 2015 at 11:53

I am employed but the employer pay me for the hours worked and does not deduct any taxes or UIF I am responsible for my own taxes. Must I register a business or how can I go about paying over the taxes so I do not need to pay in at the end of the year in my personal capacity.

This entry was posted in Tax Questions and tagged , , . Bookmark the permalink.

TaxTimTaxTim says:
23 June 2015 at 11:57

You would need to register as a Provisional Taxpayer and submit a further two tax returns during the year.


Dolphin says:
23 June 2015 at 12:28

Thanks, now how will I declare the income I received on my personal income tax return as I will not receive an IRP5 or IT3a for the income? Should I not register for PAye and pay the tax on that income over monthly?


TaxTimTaxTim says:
23 June 2015 at 16:09

You cannot register personally for PAYE, this is done by your employer. You will complete the business income section of the return. Register for TaxTim and let us assist you in completing and submitting your return to SARS.


Get SARS Tax Dates and Deadlines in your Inbox
 

We'll tell you when you need to file, along with tax tips and updates.

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →