Tax Season 2017 officially opened on Saturday, 1 July 2017 for eFilers. To assist you we have prepared some helpful information below.
Not everyone needs to file an income tax return. Taxpayers do not have to submit an income tax return if:
Their total salary for the year before tax is not more than R350 000
They only receive employment income from one employer for the full year of assessment
They have no other form of income
They don’t have any additional allowable tax deductions to claim
Ensure that you have all your documents ready:
Proof of income such as:
IRP5/IT3(a) from your employer or pension fund
Tax certificates for investment income IT3(b)
Tax Free Investments certificate(s) IT3(s)
Financial statements (e.g. for business income), etc.
Should you require professional assistance in completing your return please do not hesitate to contact our offices.