How would you complete your personal tax return if you left employment in November 2013; started your own business and contributed out of your own pocket for your Retirement Annuity and Medical Aid from December 2013 until end of 2014 Tax Year. You have also not drawn a fix salary the last 3 months of the 2014 Tax Year. You have also contributed 100% capital towards your business.
Using TaxTim allows you to include all this information by asking the correct questions and completing your return with all of the above details.
Griseldasays: 23 June 2014 at 8:48
I need to know what do I click if Tax Tim asked me if my employer contributed towards my medical aid. Yes, they have until November 2013 and thereafter I was responsible for the full contribution towards my medical aid.
TaxTimsays: 23 June 2014 at 8:52
You should click yes, the questions will allow you to enter in the amounts for the employer and the contribution you made as well. Let me know if you get stuck.
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