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Why do I pay tax

Posted 8 July 2016 under Tax Questions

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Chrid says:
7 July 2016 at 20:41

Why do I pay tax every year even my annual income is less than R350 000?

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

TaxTimTaxTim says:
8 July 2016 at 7:50

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.


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Let TaxTim
help you
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Tax returns!




TaxTim will help you:

  • Do Your Tax Return Easily
  • Avoid penalties
  • Maximise your refund
Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS
in just a few clicks!

Get started