Registering as a freelance tax payer
By Marc Sevitz · Updated
Hi there, I have been working from home for a couple of months now for a company I used to work in-house full time for. Better explained - I now work on a freelance basis for the same company but I get a weekly salary, the same each week and its on-going. I had the understanding that my tax was being deducted off my salary, that the company was taking care of this. I recently realised that this is not the case and I should have registered as a freelance practitioner and taken care of my own tax. I don't earn a massive sum of money and should not be in debt to SARS too heavily but how do I go about registering with SARS now? Also how does tax get deducted from a 'freelance' person? For example next month I may do more or less work for this company and the weekly amount may change. Also over the festive season I don't get paid.
You need to register as a provisional tax payer and pay tax 2-3 times per year.
Please read our blog on Provisional Tax
It sounds like you will need to pay your provisional tax in February for the year 1 March 2015-28 February 2016.
Please Register for TaxTim and let us assist you to complete your Provisional Tax Returns.
Please read our blog on Provisional Tax
It sounds like you will need to pay your provisional tax in February for the year 1 March 2015-28 February 2016.
Please Register for TaxTim and let us assist you to complete your Provisional Tax Returns.