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January 2022

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PAYE Tax

Why do I have to pay income tax at year end if I have more than one income?

I get asked this question quite a lot. If you have more than one income stream during a financial year, the chances are very good that you will need to pay in on your annual income tax return.

Income tax returns

SARS has written a practice note which explains this very good, and one of the best practice notes they have written. Please see the SARS website to read this note. This will give you more insight on how PAYE is calculated, and how it is influenced when a taxpayer have more than one income. Contact us for more info.

income tax for more than one income

Tax

Tax directive

A tax directive can be obtained by employees that receives commission income. This directive will then instruct the employer to deduct tax at a fixed rate, which is usually 18%. If you would like us to assist with applying for a tax directive, please complete the form below and we will send you more information. Read more..

Please note

The cost to apply for a tax directive is R300. The turnaround time is 2 to 3 days. However, this can take longer if the taxpayer’s contact details are not up to date at SARS.

tax directive