Hide
Earn under R350,000? Click here to see why you still need to file to get your Tax Refund.
CLOSE
Get SARS Tax Deadlines in your Inbox
 

We'll tell you when you need to file, along with tax tips and updates.
Try Tim Now

I am registered as a taxpayer, but lost my job. Must I inform Sars?

Posted 18 April 2013 under Tax Questions



Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
I was employed and earned enough to pay tax(PAYE), but in the beginning of this year I lost my job and I am now unemployed.

At this current moment I am studying again but I don't know? If I receive any money like pocket money am I still required to pay PAYE? Because I don't work, I am just studying and want to know what must I do to avoid the penalties and fines from SARS.

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

TaxTimTaxTim says:
21 April 2013 at 22:36

Pocket money and similar received from parents or family members will not be taxed nor subject to PAYE so you don't have to worry. However to avoid penalties for non-submission of tax returns you could file a zero return by clicking on the button on your return saying you were unemployed for the full year.


Get SARS Tax Deadlines in your Inbox
 

We'll tell you when you need to file, along with tax tips and updates.

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →