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Meaning of source code 3805

Posted 3 August 2013 under Tax Questions



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What does the source code 3805 mean?

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TaxTimTaxTim says:
4 August 2013 at 19:00

This is the source code used when your employer provides you with accommodation or a home at less than market value than what you are paying, or for free. You are taxed on this amount as part of your gross income as it is a fringe benefit to you.


Adolfina says:
5 August 2013 at 0:47

So TaxTim, is it possible to tell from the IRP5 how much one is going to get as a return from SARS? Any specific code used or do we have to do calculations?


TaxTimTaxTim says:
5 August 2013 at 6:07

You can use our free refund calculator to get a good estimate of any refund due to you:

Tax refund calculator


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