Use the calculator below: Read more → SARS can now fine you or take you to jail for these tax mistakes Posted 18 June 2021 In the past SARS needed to prove that a taxpayer had committed a tax crime “willfully and without just cause” but the legislation has just been changed. The...
TaxTim will help you: Do Your Tax Return Easily Avoid penalties Maximise your refund Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place. Let Tim submit your tax return direct to SARS in just a few clicks!
Just like the SARS eFiling tax calculator, TaxTim doesn’t take into account provisional tax ...Read more → 9 Steps to File an Objection to Your Tax Assessment Updated 30 May 2023 You’ve been diligent with your tax obligations, you’ve paid your PAYE (employees tax) each month ...
1st Provisional tax return 2024/08/30 2023/08/31 2nd Provisional tax return 2025/02/28 2024/02/29 Top-up payment (Optional) 2025/09/30 2024/09/28 Income tax return 2026/01/23 2025/01/23 Am I a provisional taxpayer? If you ONLY earn a salary / remuneration on which PAYE is deducte...
Please use our handy medical calculator to see what your medical tax credit will be. SARS disallowed all my medical expenses including my expenses that I sent to my medical aid - can I lodge a dispute? As long as the return was not filed more than three years ago, yes you can ...
Please make use of our Travel Deduction Calculator to see the amount of the travel deduction you can claim.TaxTim offers a free vehicle logbook app.6. Keep a logbook if you drive a company car The use of an employer provided car, is a taxable fringe benefit, which means it will be ...
Something as simple as claiming medical expenses or working two jobs can trigger a tax refund, depending on your financial situation. Have a question? Try ourrefund calculator. You may not be able to borrow money.We all need to borrow money sometimes. If you need to take out a mortgage fo...
total employment income that you earned for the tax year, the total employment related deductions that were taken from your income and paid over to either a retirement fund (pension, provident or retirement annuity fund) or a medical aid and the total tax (PAYE, UIF and SDL) that you ...
This tax is called PAYE (Pay As You Earn). PAYE is calculated based on your taxable income. This is different to your gross income and is calculated as follows: ...Read more → Older posts → 1 2 Do your Tax Return in 20 minutes or less! TaxTim will help you: Do Your Tax ...
Try our income tax calculator Posted 6 June 2012 Most employees negotiate their salary based on the gross amount (or cost to company) - the whole amount paid by their employer. Since income tax is deducted from this gross amount, in most cases the taxpayer doesn't know how much money ...