Guys, it’s that time of the year again.
Officially opened on July 1, taxpayers can now begin the process of completing and submitting their personal income tax returns for the 2016/17 tax year.
But, if you haven’t enlisted the help of a professional yet and the process gets your head in every year, SARS tried to make it a little easier to comprehend and broke down the who, what and how.
And it’s all very exciting.
First, let’s see if you qualify.
You DON’T NEED TO submit your personal income tax returns if:
If you are one of those having to file a tax income return, then you need to have the following documents ready:
You also need to have proof of deductions such as:
Still confusing? Don’t worry.
Hook up with Galbraith | Rushby, and they will do all the difficult work for you.
Offering advisory services to individuals and business,they understands that in today’s environment, tax efficiency and compliance are critical factors which affect everyone.
So rather do it properly the first time than having to call a friend for assistance the second.
Oh, and if you are in the business of filing, here are some more dates to add to your calendar:
All you non-provisional taxpayers have until November 24 to file, either at a branch or via eFile, while provisional taxpayers who eFile have until January 31, 2018 to do so.
Good luck out there.
If you've ever wanted to see how the other half live (or the 0,001%), you should make your...
Most South Africans have never heard of, let alone tasted, the world's most popular beer. ...
The idea of personality types first appeared sometime between 460 and 370 BC in the work o...
Do what you love, and you'll never work a day in your life. Cool story, but who's going...
Hosting the Emmy Awards is quite an honour, but in this day and age, it's tough to please ...