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

Tax on irregular income

Posted 15 November 2015 under Tax Questions



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
Rudolf says:
15 November 2015 at 12:46

I am a freelance consultant and I get money on an irregular basis. Am I eligible to pay tax, and how would that be calculated? Following is an example of my income in a year:

Jan = R0
Feb = R50 000 (this the a sum of all clients for Feb)
March = R100 000
April = R0
May = R5 000
etc

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

TaxTimTaxTim says:
15 November 2015 at 18:22

Yes, you are taxed on your total income from March 1st to end February using the same tax rates as all other taxpayers. Please have a look at our SARS income tax calculator to see how much should be paid in tax on your overall income.


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 →