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New to tax, what taxes must I pay and how?

Posted 4 September 2013 under Tax Questions


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HI

I'm new to the tax paying thing, and want to know, I have just started working earning R17000 and want to know what taxes my work should be paying and what I have to pay or submit or.... with the help of Tim of course :-)

Thanks

Regards
Pascal

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TaxTimTaxTim says:
5 September 2013 at 0:42

Are you earning R17 000 per month or per annum?


Pascal says:
5 September 2013 at 17:58

Per month


TaxTimTaxTim says:
5 September 2013 at 21:40

Your employer will withhold PAYE and UIF and pay this over to SARS and the Department of Labour on your behalf. They will issue you with a document called an IRP5 next year around June which is a summary of your payslips for the current tax year which runs from March to February each year. You will need to file a tax return once tax filing season opens next year July for the 2014 tax year (March 12 - Feb 2014) so you don't need to do anything just yet!


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Hello.
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I'll help you do your Tax Return with Confidence
Quickly, Easily
And Correctly
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Tax Online with Expert Help from Me, Step-by-Step.
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