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Donny said: 25 August 2015 at 11:35 I am registered as a provisional taxpayer as I earn investment income however due to contributions made to retirement annuity funds I will not owe SARS anything. In fact I expect a refund. Do I still have to complete a zero provisional tax return? |
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TaxTim Marc said: 25 August 2015 at 11:58 How much investment income are you expecting to earn for the year? |
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Donny said: 25 August 2015 at 12:17 R70 000 |
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TaxTim Marc said: 25 August 2015 at 14:38 Do you receive income from other sources? |
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Donny said: 25 August 2015 at 14:40 Yes a monthly salary and I pay PAYE on a monthly basis. |
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TaxTim Marc said: 25 August 2015 at 22:54 Yes, you do need to submit a nil Provisional Return in order to be compliant. Am I a Provisional taxpayer? |
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