Do you have an expenses such as medical aid or other retirement contributions? IF you are over 65 then you would not be paying tax on this amount however.
Donovansays: 23 February 2013 at 16:56
No other expenses and I am under 65. So when I do my tax return for 2013 is there any claim That I can forward? Will there be any money that I can claim for?
TaxTimsays: 23 February 2013 at 16:58
When the pension payout happened, a tax directive would have been issued and any tax owing would have been taken off already. When you complete your year end tax return, if for other reasons you have overpaid tax, then SARS will automatically calculate any refund due.
Donovansays: 23 February 2013 at 17:04
Thank you you have been a great help. Yes I would like you complete my tax return for 2013. What arr the requirements?
TaxTimsays: 23 February 2013 at 17:06
Filing season for 2013 tax year only opens in July of 2013, so until then nothing can be done. Just continue collecting all your documents you receive relating to any income earned and when filing season opens you will be able to submit. Register on www.taxtim.com and you will receive reminders of what to do and when.
Get Tax Deadline Reminders, News and Tips
We'll tell you when you need to file, along with tax tips and updates.