Confused says: 28 September 2015 at 8:43 Hi Tim. I work in South Africa but for a UK company. They don't have a company registered here, just a warehouse that I work from. My salary gets paid in US dollars from the UK company so I don't get an IRP5 or PAYE etc deducted. How do I go about sorting taxes? Do I submit a personal income tax return each year declaring the money I receive and pay the relevant tax on that? |
TaxTim says: 28 September 2015 at 10:38 Dos they pay it into a South African bank account, is any tax withheld? |
Confused says: 28 September 2015 at 10:44 Yes they pay the salary into a South African bank account but no taxes are withheld as they don't have a South African entity registered with SARS. |
TaxTim says: 28 September 2015 at 11:28 You would need to then declare this income (less any expenses you incur in earning it) in your tax return, under Foreign Income and then SARS will tax you accordingly. |
Confused says: 29 September 2015 at 15:02 Thank you very much for the reply. |