Life orientation...what is tax threshold(the level of income at which you being to pay tax)for an entrepreneur or an informal wo

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Mumz [18]

3 years ago

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Life orientation...what is tax threshold(the level of income at which you being to pay tax)for an entrepreneur or an informal wo

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1 answer:

Tamiku [17] · Answer 1 · 2022-04-26T18:30:04+03:00

For an entrepreneur, there is no tax threshold. This means that there no entrepreneurs exempted from paying taxes. For an informal worker, the tax threshold is $9,275. This is also the tax threshold for a single employee. Reaching this income will result to a tax rate of 10%.