What to include as taxable income for provisional tax calculations
By Marc Sevitz · Updated
When calculating "taxable income" on an IRP6 should one include
- expected investment interest ?
- expected investment share dividends ?
Thank you.
- expected investment interest ?
- expected investment share dividends ?
Thank you.
Yes, include interest, but the first R23 800 is exempt and if you have had dividends paid to you after the company withholds 15% then you can leave those out.
Much obliged!
Regards.
Martin
Regards.
Martin
Only a pleasure!