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I need to submit my income tax for 2012 and how do I calculation my tax and complete the income tax form? My monthly salary package is R13000 with pension fund incl. (I paid -R890 and company paid -R1210 show on payslip)
Travel allowance (R1000 per month)
So it's R13000 (incl. pension fund) Travel allowance R1000 = R14000 Gross income And I also paid medical aid by myself ( -R960 for myself , -R1100 for my father and -R1100 for my mother) from my own pocket.
So could you please show me how to calculation the my income tax ?? Thanks
If you log on an register to the TaxTim website and let Tim guide you through the process by asking you simple and easy questions and helping you to complete your return. Tim then shows you how to submit and file your return using our easy step-by-step guide.
In terms of the calculation, that we could do for you once as something separate which we will get one of our accountants to do and contact you.
TaxTimsays: 17 October 2012 at 16:20
Roughly based on your information provided you would be entitled to a refund of around R13 000 from SARS.
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