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Claiming back tax, how do I do it and how does it work?

Posted 7 October 2015 under Tax Questions



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Mvelase says:
6 October 2015 at 22:59

What does tax returns include? I'm new in the employment sector and I don't really understand how this works. I know that I pay tax every month over R1000. Last year I was also taxed for a seasonal job I did as a student, being an exam assistant for the department of education in the eastern cape and I was told I can claim back my tax, how do I go about doing that? I am just interested in knowing how to claim tax back.

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TaxTimTaxTim says:
7 October 2015 at 15:15

You will only pay tax if you earn above the tax threshhold in the tax year which is currently R73,650 per annum. If you paid tax and earned less than this amount in the year, you will be eligible to claim it back.

Please read our blog on Returns, Rebates and Refunds to help understand things better.

Please Register for TaxTim and let us assist you to complete and submit your Tax Return and maximise your chance of receiving a refund.


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