Provisional Tax and REIT Income

By Nicci Courtney-Clarke · Updated 24 March 2017

CR said:
24 March 2017 at 12:02

I'm a stay at home mom. The only income I get is from interest ( - R10000.00), dividends (-R15000)and REIT Income ( -R25000). I file only 1 tax return per year. Should I be registered for provisional tax due to the REIT income?

TaxTim Nicci said:
24 March 2017 at 12:14

Yes, you should be registered for provisional tax, kindly read our blog on What is Provisional Tax? How and when?