Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


How do I submit income tax? How do I calculate income tax?



Hi

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

TaxTim TaxTim says:
17 October 2012 at 10:09

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.

TaxTim TaxTim says:
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.

This entry was posted in Tax Q&A and tagged , , , , , , , . Bookmark the permalink.




Submit your tax return right here!
Get started

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Answer simple questions about your incomes and expenses. TaxTim does the rest. Just click click, submit.

Make tax easy

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.