If I qualify for exemptions do I still have to register for provisional tax?
By Marc Sevitz · Updated
If I am a director on a business that makes less than R30k per annum (not getting income from it) and am employed with a package of R500k per annum, am I still regarded a provisional tax payer? Is there an option to deregister?
So you are a director of a separate business to that to which you have normal employment?
Yes I am.
If your additional income is not greater than R30k then you can deregister by going to your SARS eFiling profile and clicking the USER Tab and then Tax Types and de-selecting the Provisional Box.
Thank you, this resolved my issue :).
Only a pleasure!