Understand SA financial trends from the general public or your own member base
TaxTim is an online digital tax assistant that helps SA citizens to complete tax returns with confidence.
TaxTim is exploring the use of its collected data in an anonymised, aggregate fashion for statistical purposes.
TaxTim is used by members of the general public from all over South Africa every day.
Trends can be charted and queries executed on over 320 fields of data collected annually since 2012.
Why the data has value:
highly detailed - over 320 fields of data on a personal income tax return
hard to find - SARS does not provide this data
rich - segment by multiple fields such as age, residential area, income, dependents etc.
reliable - it's a tax return not a survey, you can't lie
average income by region
how many have private medical aid
how many are saving for retirement
how many have income protection
which are the richest suburbs: earning interest
which year did people start investing, start retirement saving, start / stop medical aid
portion with foreign income streams
how many are selling property and where
inheritances / donations recieved
sa resident or not?
proportion with own medical aid
who is having babies
who is paying medical expenses out of their pocket
what is the level of disability or impairment, how much is that costing
company cars by make, model and age
amount / number of donations given
how many run a home office
value of property portfolio, mortgages, debts, shares, loans, vehicles etc
Our data set is growing steadily and its value will increase once TaxTim reaches significant scale.
4,800 completed tax returns to date in 2014
40,000+ registered users to date