I would like to know whether I am liable for Provisional Tax?
By Marc Sevitz · Updated
I am under 65, DONOT PAY ANY TAX as my taxable income is under R67111. I have investment accounts and according to latest IT3 B statement, interest has accrued to R21000.00. Before this figure increases the R22800.00 threshold should I register as a provisional tax payer.
TaxTim Marc said: 8 April 2013 at 9:31
As you are below the tax threshold you won't need to register as a provisional taxpayer as you are not paying any tax.
