January 2013 - SARS Pocket Guide

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Provisional Tax

A provisional taxpayer is any person who earns income other than remuneration or an allowance or advance payable by the person’s principal. The following individuals are exempt from the payment of provisional tax–

• Individuals below the age of 65 who do not carry on a business and whose taxable income –
• will not exceed the tax threshold for the tax year; or
• from interest, foreign dividends and rental will be R20 000 or less for the tax year.