How do I calculate provisional tax and when/where do I pay it?
By Alicia Human · Updated
I am a freelance writer and my income depends solely upon jobs that I get from international clients. I get paid weekly in dollar and my income fluctuates. Recently I've started earning more and I suspect I might be in a tax bracket. As far as I know I have to pay provisional tax but how do I work it out and where and when do I pay it?
The tax threshold is currently R75,000 so if you earn above this amount in a year you should be paying tax.
Please read our blog on What is Provisional Tax? How and when? and also work through our online questions Am I a Provisional taxpayer?
Tax filing season opens 1 July 2016! Please Register for TaxTim and let us assist you to complete and submit your tax return to SARS.
Please read our blog on What is Provisional Tax? How and when? and also work through our online questions Am I a Provisional taxpayer?
Tax filing season opens 1 July 2016! Please Register for TaxTim and let us assist you to complete and submit your tax return to SARS.