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Do I still have to register with SARS and fill in a tax return?

Posted 4 July 2013 under Tax Questions


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In 2012 I was paying PAYE, I got an IRP5 from work but did nothing with it as I didn't know what it really was. Then in February 2013 they raised the threshold and I no longer earn enough to pay tax. Should I still fill in a tax return for 2012? Will they charge me late fees for this?

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TaxTimTaxTim says:
4 July 2013 at 10:48

If you only worked for the one employer and had not medical deductions or similar and only received employment income of less than R120 000 then you didn't need to complete a tax return. The thresholds were only raised from the next tax year beginning 1 March 2013. This is for the 2014 tax year.


TaxTimTaxTim says:
4 July 2013 at 10:48

If you only worked for the one employer and had no medical deductions or similar and only received employment income of less than R120 000 then you didn't need to complete a tax return. The thresholds were only raised from the next tax year beginning 1 March 2013. This is for the 2014 tax year.


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