| Firstly, you have to be paying tax to get a tax | | | | expenses |
| refund. So if your taxable income (for the | | | | in addition to your salary, you have a |
| 1.3.2009 to 28.2.2010) is below R54 200 (R46 000 | | | | property which you rent out but your expenses |
| - 2009) if you under the age of 65 or below R84 | | | | exceeded your income or |
| 200 (R74 000 - 2009) if you are over 65, then | | | | if you had a business that has run at a loss. |
| you are below the tax threshold. If so, you do | | | | Then, what you need to do is: |
| not pay any tax and therefore will not get a | | | | If not already registered with SARS, get |
| refund of any sorts. | | | | registered with SARS (having your own |
| If you earn more than these amounts then read | | | | personalised tax number) |
| on.... | | | | File your tax return claiming any of the items |
| Who is entitled to a tax refund? | | | | above |
| You are paying tax on a monthly basis through | | | | SARS will then process an assessment and if you |
| your employer... At the end of the year you are | | | | are due a refund, they'll put the money directly |
| issued with an IRP 5 - this is like a receipt which | | | | into your bank account.... |
| reflects all your earnings for the year and the | | | | It's that simple..... |
| total amount deducted from your pay in the form | | | | However, if you don't like SARS (don't worry, |
| of Site / PAYE... You may then be entitled to a | | | | most of us don't).... Or if it seems just way too |
| refund if: | | | | much work... Or you want to make sure that you |
| you have had tax deductible expenses such | | | | get every cent due to you... |
| as a Retirement Annuity, Income Protector, | | | | Then bring it to us! We'll compute your figures for |
| Medical Aid and / or additional Medical expenses. | | | | FREE - to see if you are due anything.... Don't |
| you received a travelling allowance and your | | | | delay, contact us now to help you get the most |
| expenses exceed that of the allowance received - | | | | out of your tax return. |
| using a formula by set by SARS or use actual | | | | |