Posts categorised by How to money

Tax Season and Tax Year explained.

Published by 22seven.
Written by The Svens on July 12, 2016

So what is the difference between Tax Season and Tax Year?

Sole Proprietor or Company. Which is best for tax?

Published by 22seven.
Written by The Svens on July 12, 2016

Getting a new business venture off the ground is an equally exciting and stressful time. You’re enthusiastic about getting your new product or service out into the market, but you face quite an administrative process to get it off the ground legally. A decision that often stumps many small business owners is whether to operate… Read more →

Provisional Tax. Am I a provisional tax payer — Read more of this post

What is provisional tax? Do I have to pay it?

Published by 22seven.
Written by The Svens on July 12, 2016

What is provisional tax? Provisional tax is a method of paying tax due, to ensure the taxpayer does not pay one large amount all in one go. As the tax liability is spread over the relevant year of assessment. It requires the taxpayers to pay at least two amounts in advance, during the year of… Read more →

Tax and your first job.

Published by 22seven.
Written by The Svens on July 12, 2016

When you start working and earning an income one of the most important things you will need to do is register as a tax payer. So where do you start? Your employer is legally obligated to register you as a taxpayer at SARS and SARS will issue you with a unique tax number. (If you… Read more →