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Do I complete my tax return if I started work in April 2015 earning R8000?

Posted 23 November 2015 under Tax Questions



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Evidence says:
23 November 2015 at 12:33

I started working at my current company in April 2015 earning a gross of R8000, before I was earning R5800. Do I file for tax?

This entry was posted in Tax Questions and tagged , . Bookmark the permalink.

TaxTimTaxTim says:
23 November 2015 at 17:19

If your salary was R5,800 per month previously, you earned below the tax threshold for the 2015 tax year (March 2014 - Feb 2015) - you would not have paid tax and therefore there is no need to file a Tax Return.

For the 2016 tax year you would be paying tax on your current salary which is above the tax threshold, so you should file a tax return for the 2016 tax year (1 March 2015 - 28 Feb 2016); filing season opens 1 July 2016 for the 2016 tax year.

Please Register for TaxTim and let us assist you to complete and submit your Tax Return to SARS.


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