Cecil Kilpin | July 2017 Newsletter

By |2022-01-21T11:20:54+02:00Jul 6th, 2017|Tax|

Tax Season 2017 Now Open 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 [...]