Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Company or Individual tax if IRP5 is from my company



Koos said:
16 July 2015 at 7:39

What if my tax return (IRP5) show my name on it as a business for example "Koos Consulting Services". But during the tax year I worked at this company on contract. Every month they subtracted individual tax from my payslip (which was right). My question now is, when I do the tax return at SARS won't they now want me to pay company tax, and not individual tax?

TaxTim Evan TaxTim Evan said:
16 July 2015 at 19:48

The company will pay tax separately to you, this tax return is purely for you. The company needs to pay tax on it's profit if it is a registered entity with CIPC.

This entry was posted in Tax Q&A and tagged . Bookmark the permalink.





Submit your tax return right here!
Get started

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Answer simple questions about your incomes and expenses. TaxTim does the rest. Just click click, submit.

Make tax easy

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.