How do you calculate taxable return in South Africa

In South Africa, the calculation of taxable income for individuals is relatively straightforward. Here’s an overview of how taxable income is calculated: Gather All Income Sources: First, you need to gather information about all your sources of income for the tax year. This may include the following: Salary and Wages: Your income from employment. Business … Read more

How does SARS calculate tax return?

SARS (South African Revenue Service) calculates tax returns in South Africa based on the information provided by individual taxpayers and businesses. The tax return process in South Africa is somewhat similar to tax systems in many other countries. Here’s a general overview of how SARS calculates tax returns: Filing a Tax Return: Taxpayers are required … Read more

How do I claim tax back from SARS?

To claim a tax refund from the South African Revenue Service (SARS), you need to follow a specific process. Keep in mind that the process might change, so it’s recommended to visit the official SARS website or contact them directly for the most up-to-date information. As of my last update in September 2021, here are … Read more

When can I submit my SARS tax return

In South Africa, the submission deadline for individual taxpayers to submit their tax returns to the South African Revenue Service (SARS) typically falls on 31 October each year. However, it’s essential to stay updated with the latest tax regulations and any changes that may occur. I recommend visiting the official website of SARS ( or … Read more