Personal Tax Season Opening 1 September 2020

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The Personal Tax Season is only opening on the 1st of September 2020. It was pushed out due to Covid-19 

The deadline will still be the end of November for individuals not registered for provisional tax, which means that we will only have 3 months to file all returns.

If you have received your IRP5, Medical aid certificate, Retirement annuity certificate and sole trader bank statements, kindly send these to us so that we can start preparing for your returns.

If you would like us to handle your tax affairs, please send us your tax documents and information and we will prepare your tax return as soon as possible. Alternatively feel free to contact us to discuss your requirements. 

Pumeza Bless is our lovely and amazing personal tax lady and she is ready to help if you have any questions or if you would like to send your info to us

If you have a sole trader business, please send your information through as soon as possible so that we can start preparing accounts and send you financial reports in time to review and submit before the deadline.

Information we will need:

  • IRP5’s from all employersIT3s (a-c) for all sources of income

  • Interest certificates other that IT3s

  • Retirement annuity contribution certificate

  • Medical aid contribution certificate

  • Additional medical expenses paid that were not claimed through the medical aid. (This is currently a hot topic for SARS to audit so please ensure that additional expenses claimed were not already claimed through the medical aid and that you have proof of payment for these expenses.)

  • All medical expenses should be in the name of the taxpayer. If it is in the name of the dependant, SARS will disallow it because they say that the dependant can also claim these expenses (double deduction)

  • Schedule and supporting documentation of other income earned and expenses deductible relating to this income. As you know this is currently a hot topic for SARS to audit and we require your participation in ensuring all expenses can be supported and are a valid business expense

  • Capital gains or losses made on the sale or disposal of fixed assets and Dividend Tax paid certificate

  • Donation certificate with valid PBO number

  • Travel log – we cannot generate this for you. It is illegal, but we will gladly send you a travel log template that you can use to generate this logbook. SARS requires you to submit a logbook and might request this from us.

  • Any other document that might be relevant to your personal income situation i.e. out of country confirmation letter from employer, letter from school indicating disability