Written by Nicci
Updated 15 April 2025
Consult the image below to find all the tax-related information on your IRP5 that you will need when completing your annual tax return.
Written by Vee
Updated 10 April 2025
Medical expenses are nothing to sneeze at. Private medical treatment is increasingly pushing the limits of medical aid scheme
Read more →
Written by Elani
Posted 2 April 2025
Unfortunately, some of the SARS documents cannot be viewed online (i.e. from within your internet browser). You can work around this issue by downloading the SARS document to your computer. You will then be able to view the document when opening it directly on your device.
Steps to follow if the SARS document is blank on your browser:
Written by Nicci
Updated 27 March 2025
As most of us know by now, cryptocurrency is not real but virtual money.
Read more →
Written by Alicia
Posted 27 March 2025
If you're a provisional taxpayer, you can request a statement of your provisional account on eFiling. However, instead of finding it on your Income Tax workpage, you first need to go to the Provisional Tax workpage. This can be tricky if you don't use eFiling often, so we've listed the steps below to help you.
STEP 1: Log into SARS eFiling
Written by Nicci
Updated 14 March 2025
Training and development for employees plays a vital role in the growth and success of your business. But, finding affordable and correct tools might be where the concerns start creeping in. Suddenly you’re left thinking… “They’ll learn on the job. Resources are limited.”
Fortunately, you’d be pleased to know that the learnership allowance is intended to be an incentive for employers to encourage skills development within their workforce, with the hope to create jobs and economic growth....
Written by Nicci
Updated 12 March 2025
Have you recently received a present or a donation from a wealthy family member or a friend? Or, maybe you've just donated money to support a child in need?
Read more →
Written by Vee
Updated 12 March 2025
Have you been the lucky recipient of a gift or donation from a generous family member or friend? Perhaps they struck it lucky on the Lotto and decided to share their winnings with you!
Or maybe you're the giving type and have donated cash, shares or even property to someone you felt deserved a little boost.
Irrespective of whether you're the giver or receiver of a donation or gift, it's good to understand donations from a tax perspective, and how to declare these to SARS.
Ready to find out?
Let's get started.
Read more →
Written by Patrick
Updated 12 March 2025
2026 tax year (1 March 2025 - 28 Feb 2026) same as 2025 tax year, no changes.
2025 tax year (1 March 2024 - 28 Feb 2025) same as 2024 tax year, no changes.
Written by Nicci
Updated 13 February 2025
TaxTim has TWO exciting competitions in 2025!
Win R10,000 in cash by filing your tax return with TaxTim
How to enter:
Read more →
Written by Nicci
Updated 1 February 2025
Seasoned provisional taxpayers – those people who earn income from sources other than, or in addition to a regular ol' salary or traditional payment from an employer - are all too familiar with the process of estimating taxable income and submitting provisional tax returns. Not once - but twice a year!
Yes, it's a bit painful (although TaxTim makes it super easy) but entirely necessary if you don't want to be lumped with penalties from SARS...
Written by Nicci
Updated 23 January 2025
Step 1:
Log into your SARS eFiling pofile.
Step 2:
Navigate to your Tax Return which was auto-assessed.
You can do this by clicking "Returns" (top menu), then "Returns History" (side menu), then "Personal Income Tax ITR12" , then select the the relevant ITR12.
You will see the
Written by Alicia
Posted 18 December 2024
Many taxpayers find the process of filing a correction confusing. This often happens when they submit their tax return after the auto-assessment deadline or attempt to make corrections after SARS has already reviewed or audited their return. To make things clearer, we’ve compiled a list of common questions and answers to guide you through this challenge.
1. How long do I have to submit a correction?
Written by Nicci
Updated 12 December 2024
This week we received some questions from our users on retirement fund contributions and the laws that govern it. We hope that this helps you as you start gathering your documents for the new tax season.
Read more →
Written by Alicia
Updated 2 December 2024
Insolvency is a state of financial distress when a person or business is unable to pay their debts.
Sequestration is a legal process that is used to deal with your financial difficulties and manage your debts. It gives you legal relief from creditors, while the debt recovery efforts of the various companies you owe are put on hold.
Written by Alicia
Posted 22 November 2024
SARS Timelines
SARS operates within specific timelines to comply with the rules outlined in the Tax Administration Act and the commitments detailed in their service charter.
However, these timelines are not easily accessible on the SARS website, leaving many of our users needing to contact the helpdesk for updates on their submissions.
To assist you, we’ve compiled a comprehensive list of these timelines:
Auto-Assessment<...
Written by Vee
Updated 21 November 2024
Getting a new business venture off the ground is an equally exciting and stressful time. You’re enthusiastic about getting your new product or service out into the market, but you face quite an administrative process to get it off the ground legally.
Read more →
Written by Elani
Updated 15 November 2024
South African expatriates who ignore their tax obligations will soon find themselves facing the wrath of the taxman in the upcoming tax season.
SARS has urged taxpayers including expats (South Africans residing outside the country) to urgently review their tax compliance status or stand the risk of facing major penalties or even jail time.
Originally, individuals were taxed according to a source-based tax system but from 1 March 2001 it has changed so that individuals will be ...
Written by Ursula
Posted 1 October 2024
South Africa rolled out the Two-Pot Retirement System on 1 September, 2024. It applies to any South African who has a pension fund, provident fund or retirement annuity fund.
The Two-Pot Retirement System allows you to access a limited portion of your retirement savings before retirement for emergencies, while the majority of your savings remains "preserved". This means the larger part of your savings must stay invested until you reach retirement.
The goal of South Africa's ne...
Written by Nicci
Updated 30 September 2024
If you're a regular employee (i.e non-provisional taxpayer), your tax filing deadline is 21 October 2024. But, if you do fall into the provisional taxpayer category, your deadline extends to 20 January 2025.
However, it's super important to note that if you were auto-assessed, then your deadline is 21 October 2024 even if you qualify as a provisional taxpayer.
Now, if you're thinking about waiting until the later deadline next year and consider yourself a provisional taxpayer,...
Written by Evan
Updated 11 September 2024
In these uncertain economic times, we all want to stretch our budgets a little further. With a few simple financial habits, anyone can save some extra cash each month. So, if you're ready to start saving but not sure where to begin, here are ten handy tips to get you started:
Keep an eye on where your money goes, and you'll naturally start spending less. Keep a record of your daily expenses and distinguish between needs and wants. Need...
Written by Evan
Updated 11 September 2024
Managing debt can be daunting, but it doesn't have to define or control your life. In South Africa, many individuals face the complex task of effectively handling their finances and debts.
Keep reading, and we’ll equip you with practical strategies and valuable insights to take control of your debt and financial future.
Let's delve into how you can regain control of your debt and finances and pave the way for a brighter future.
Understanding Debt Manageme...
Written by Patrick
Updated 12 August 2024
At TaxTim, your security is a top priority. We've dedicated a section of our website to keep you informed about the latest scams and phishing attempts we come across. We also encourage you to share any suspicious emails you encounter. To report or learn more about phishing, you can email phishing@sars.gov.za or call the Fraud and Anti-Corruption Hotline at 0800 00 2870. For a list of all current SARS surveys, emails, and SMS communications,
Written by Marc
Updated 4 August 2024
Taxpayers this year are facing a new gripe with SARS when it comes to receiving those well-earned refunds. The current two scenarios are:
In both these cases a refund should be paid out within 72 hours (if the taxpayer is due one), however thousands of taxpayers still have not been paid their refund. Here’s why!...
Written by Evan
Updated 4 August 2024
In 2024, we have noticed that SARS is withholding refunds from taxpayers with outstanding tax returns, sometimes dating back many years. In some cases, SARS is requesting unfiled returns from as far back as 10-15 years ago, going back to when the taxpayer first registered for a tax number.
Block on eFiling submissions older than 5 years
This year, SARS introduced a change to eFiling that has frustrated many taxpayers. Returns older than five years are now blocked from being submitted on individual profiles, prompting a message that these must be filed at a branch.
Don't worry - TaxTim can help...
Do Your Tax Return Easily