You are liable to pay tax if your income exceeds R73 000 per year. The R350 000 you are referring to is an amount used by SARS saying that you dont have to submit a tax form if you earn less. TaxTim suggests that you still submit a tax form if you earn less than this amount, in order to keep your tax affairs up to date.
Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.