How do I calculate how much tax I owe?
Posted 23 April 2012
TAX PAYABLE is essentially calculated as follows:
Read more →
How do I know if I am a tax resident of South Africa?
Posted 15 March 2012
A burning question people often ask tax professionals is whether or not they are a tax resident in a certain country. The question is important because it distinguishes between tax residents and tax non-residents – both paying tax in South Africa.
- Tax non-residents are people who do not ordinarily reside in South Africa but do business here and thus pay tax to the SA government ONLY on what they earned from South African sources.
...
Read more →
What is Provisional Tax?
Posted 6 January 2012
So as we are getting closer to Provisional Tax Season the question on taxpayer’s minds is, do I qualify as a provisional taxpayer? The Income Tax Act sets out specifics as to who qualifies and who doesn’t.
If you are a salaried employee then your employer will deduct a monthly amount and pay it over to SARS on your behalf. You will only have to file one tax return at the end of tax season.
Otherwise you may qualify as a provisional taxpayer and will have to submit a return twice a year...
Read more →
← Newer posts
179 180 181 182 183 184 185 186 187 188 189
Do Your Tax Return Easily