Q&A: Must I pay provisional tax for untaxed freelance work?
I receive untaxed income from freelance work beyond my full-time job. Last year it was below R30,000 and this year it is also less than R30,000. An SA Revenue Service official told me I don’t need to fill in a provisional tax return. I am, however, expecting to earn more than R30,000 in the new tax year. In the article “Filing a provisional return is more PT, not more tax” published on
, it says “you must register if you earn any amount from a small business or from freelancing, or if you earn above the threshold and your taxable rent, interest or dividends exceed R30,000”. -As per the Sars guide on provisional tax, an individual must file a provisional tax return if you earn income from running a business. Freelance work that is not subject to PAYE would count as running a business for the purposes of provisional tax.
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