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


What to include as taxable income for provisional tax calculations



Martin said:
12 August 2015 at 15:28

When calculating "taxable income" on an IRP6 should one include
- expected investment interest ?
- expected investment share dividends ?

Thank you.

TaxTim Marc TaxTim Marc said:
12 August 2015 at 15:30

Yes, include interest, but the first R23 800 is exempt and if you have had dividends paid to you after the company withholds 15% then you can leave those out.

Martin said:
12 August 2015 at 16:38

Much obliged!

Regards.

Martin

TaxTim Marc TaxTim Marc said:
13 August 2015 at 16:59

Only a pleasure!

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




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.