How long does it take for SARS to pay out a tax return

The Tax Return Filing Process Submitting Your Tax Return The first step is to file your tax return. But before you do that, you first need to get all the necessary information and documents ready. This applies whether you submit the return yourself or outsource this function to us. How long we take to calculate … Read more

How to use SARS eFiling to File Income Tax Returns

If you are younger than 65 years old, you only need to pay tax if your income is more than R78 150 per year. Remember that your income is the money you earn either at your job or from other activities like renting out a room in your home or working after hours, as well … Read more

What documents do I need for SARS tax return

What documents do I need for SARS tax return SUPPORTING DOCUMENTS FOR FILING Documentation required to complete your return Supporting documents are required to complete an income tax return. Below is a list of documentation/information that may be required: IRP5/IT3(a) Employees Tax Certificate (if applicable) Certificates received for local interest income, foreign interest income and foreign … Read more

HOW DO I SEND SARS MY RETURN

axpayers need to submit a tax return to SARS so we can calculate your tax liability based on the income you declare and the tax-deductible expenses you have incurred for a year of assessment. In some cases it may result in a refund. The annual Tax Season is when you will be required to submit … Read more

Do I need to submit a return?

People who pay income tax are generally individuals who earn an income e.g. from a salary, commission, fees, etc. You do not need to submit a return if ALL the criteria below apply to you: Your total employment income / salary for the year (March 2017 to February 2018) before tax (gross income) was not more … Read more

Sars efiling Income from two sources

INCOME FROM TWO SOURCES What to do if you receive income from two sources? Taxpayers who receive income from more than one source of employment or pension are reminded that the employees’ tax (PAYE) deducted by the respective employers or pension funds may not be enough to cover their final tax liability on assessment. The … Read more

I NEED MY TAX NUMBER

f you have forgotten your tax number you can request it from SARS in various ways: You can get it on eFiling if you are registered as an eFiler. All you need to do is log on and check your number You can request it verbally from the SARS Contact Centre on 0800 00 7277. Please have your ID … Read more

TAX Return Guide

They say that only two things in life are certain: death and taxes. But paying taxes is actually fraught with a great deal of uncertainty. Most people struggle to understand the complexities of the process – how much they owe, when to submit a return and who to speak to if something goes wrong – … Read more

Tax Season for Individuals

Tax Season 2018 The 2018 Tax Season for Individuals is open on 1 July 2018 for eFilers and our branches are open to assist you from 2 July 2018. What are the deadlines? The deadline for non-provisional taxpayers has been brought forward to allow more time for finalising audits before the year ends: ​Channel ​Deadline … Read more