I am currently working for a global company on a temp basis but working at least 40 hours a week. They have recently started taxing me 25%. I have read that this is only for individuals working 22 hours or less a week. how true is this ant what can I do??
Often companies withhold taxes for freelancers at 25% and if more tax is owed when you submit your tax return that will be up to you to pay in. A company can apply to withhold more or less then the 25%, but this is the standard amount held for PAYE.
Get SARS Tax Dates and Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.