Submit your 2017 Income Tax Return
tax season for individuals to submit their Income Tax returns
begins on 1 July 2017. We provide below answers to some of the
most common queries individuals may have.
What are the Deadlines for the Submission of Income Tax Returns?
is important for taxpayers to note that the South African Revenue
Service (“SARS”) has implemented different deadline dates for
the submission of Income Tax returns depending on the manner of
submission of the return. The deadline dates are as follows:
- 22 September 2017 for manually submitted returns;
- 24 November 2017 for returns submitted
electronically at a SARS branch or via e-filling; or
- 31 January 2018 for returns submitted by
provisional taxpayers via e-filling.
the abovementioned deadlines do not apply to companies, as they
are required to submit their returns within 12 months of their
financial year end via e-filing.
Who is Required to Submit an Income Tax Return and Who is Not?
highlight of the threshold changes in respect of who is required
to submit a return is provided below.
- Every individual who is a resident and had capital
gains or losses that exceeded R40 000;
- Individuals whose gross income exceeded R75 000
(if under 65 years), R116 150 (if older than 65 but under
75 years) or R129 850 (if older than 75)
a natural person or deceased’s estates gross income consists
solely of any one or more of the categories below they will not be
required to submit a return. If their:
- remuneration does not exceed R350 000 from a
single source (including allowances);
- they did not receive a car allowance or other
- they received interest income from a source within
South Africa that does not not exceed R23 800 ( if you are
younger than 65 years) or R34 500 (if you are 65 years
- they received dividends and was a non-resident
during the 2017 year of assessment; and
- received or accrued an amount from a tax free
What Supporting Documentation is Necessary?
- IRP5/IT3(a) certificate(s) from your employer or
- IT3(b) certificates for investment returns; such
as interest and/or dividends
- Financial statements (if applicable);
- Medical aid contribution certificates and receipts
for out-of-pocket medical expenses
- Completed confirmation of diagnosis of
disability form (ITR-DD) (if applicable)
- Retirement fund certificates (pension, provident
and retirement annuities);
- Logbook and other documents in support of business
- Bank account details; and
- Any other relevant income and deduction
you be required to submit a return to SARS, we suggest that
you begin collating your information and attend to the
submission as soon as possible to avoid penalties and interest
in respect of the late submission.