Who needs to register for income tax?
The Minister announced “as from September this year SARS will require all those receiving any form of employment income – including those below the tax threshold – to be registered with SARS to help reduce the scope for non-compliance.
Who needs to submit a completed and signed income tax return to SARS?
Where taxpayers receive remuneration less than R120 000, taxpayers may elect not to submit an income tax return, provided the following criteria are met:
Who needs to submit a completed and signed income tax return to SARS?
Where taxpayers receive remuneration less than R120 000, taxpayers may elect not to submit an income tax return, provided the following criteria are met:
- Remuneration is from a single employer;
- Remuneration is for a full year of assessment (1 March – 28/29 February); and
- No allowance was paid, from which PAYE was not deducted in full with regards to travel allowance.
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