18Jun 2018 by Charl Bosman No Comments
2018 Individual Tax Seasoned Shortened

2018 Individual Tax Seasoned Shortened

Individual Taxation
SARS announced on their website that they have shortened the 2018 tax season for non-provisional tax payers (individual tax payers who earn a salary and who do not have additional income sources such as interest or rental income) by 1 month to allow more time for finalist verifications and audits before year end. In the past, non-provisional tax payers, submitting their tax returns via efiling, had until the end of November to do so. This year, the tax season for non-provisional tax payers will close on the 31st of October 2018. The 2018 tax season for non-provisional tax payers will start on the 1st of July 2018 and end on the 31st of October 2018, for tax payers submitting their returns via e-filing. Tax payers who manually submit their tax…
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18Jun 2017 by Charl Bosman No Comments
2017 Tax Season Opens 1 July 2017

2017 Tax Season Opens 1 July 2017

Individual Taxation
The 2017 Tax Season opens 1 July 2017, which means it's time for you to get your income tax return information ready for the year ended 28 February 2017 Submitting your tax return can sometimes be a daunting task as uncertainty plays a major role when completing your information. Many people are unsure if they are allowed to claim certain expenditure or not. We can help take out this stress and advice you what is allowed and what not. Not everyone needs to submit a tax return. You don't need to file your return if your total salary earned during 1 March 2016 - 28 February 2017 for the 2016/2017 year of assessment is not more than R350 000 (before tax), provided: You only have one employer (but remember if…
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