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Referral income

Posted 3 March 2015 under Tax Questions



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I am a salary earner paying PAYE then on the sideline I get paid a once of commission for a referral, do I declare this and thus pay tax on it?

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TaxTimTaxTim says:
3 March 2015 at 21:08

Yes you do have to declare and pay tax on this amount. Many times the company paying will give you an IRP5/IT3a which will already have 25% tax taken off it.


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