This is the source code used when your employer provides you with accommodation or a home at less than market value than what you are paying, or for free. You are taxed on this amount as part of your gross income as it is a fringe benefit to you.
Adolfinasays: 5 August 2013 at 0:47
So TaxTim, is it possible to tell from the IRP5 how much one is going to get as a return from SARS? Any specific code used or do we have to do calculations?
TaxTimsays: 5 August 2013 at 6:07
You can use our free refund calculator to get a good estimate of any refund due to you: