Dtaksta says: 29 August 2016 at 18:01 I would please like help in calculating my total tax for the year, as I am employed and also a freelancer. Do you just add both income together and then tax a personal income tax percentage for that bracket? Furthermore, I know my employer pay tax monthly but can I also pay tax monthly or should I just reserve the total tax for year-end when I file. |
TaxTim says: 30 August 2016 at 7:52 Yes, you need to add both incomes together, calculate the tax on it and then you deduct the employees tax your employer deducts from you every month. You are unfortunately not allowed to pay the tax over to SARS every month but you need to pay it over to them once every 6 months. You are regarded as a provisional tax payer, kindly read our blogWhat is Provisional Tax? How and when? for more information. You can use our SARS income tax calculator to calculate your tax liability. |