My Employer issued me the IRP5 and my total Taxable amount is about R96,000 for 12 month period. SARS published that the individuals who earn less than 350,000 are not required to file the Income Tax. Http://www. SARS. Gov. Za/TaxTypes/PIT/Pages/default. Aspx Top tip: You don't need to file if your total salary for the year before tax is not more than R350 000, provided: I filed my Tax last 2 years. Please advise me will it be a problem if I don't file the Tax this year as my total salary on IRP5 file is less than R350,000. Thanks for your help. Kind Regards
Since you are paying tax and earn above the tax threshold of R73,650 per annum, it would definitely be advisable for you to file your Tax Return. Please read our blog on Reasons you need to file your tax return for further details.
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