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Bridget says: 8 March 2016 at 12:39 Does a 91 year old widow whose only income is R7200pm from an Old Mutual investment have to submit a tax return? I remember hearing that some people no longer have to submit tax returns and an old friend is not sure whether her tax consultant is doing anything. |
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TaxTim says: 8 March 2016 at 13:02 She is below the tax threshold for her age (which is R129,850) and therefore no need to submit a tax return as she won't be paying tax. |
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Bridget says: 8 March 2016 at 13:32 Thanks you very much for such a prompt response. |
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TaxTim says: 8 March 2016 at 13:35 Only a pleasure! |
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