Tax return relief does not mean tax relief, Sars clarifies
The increased threshold announced this week determines whether or not you need to file a tax return, not an increase in the amount of tax-free income you enjoy
07 June 2019 - 10:57
The SA Revenue Service’s (Sars’s) announcement this week that many people who earn less than R500,000 a year do not need to file a tax return has been widely misconstrued by taxpayers who think they are off the hook for tax.
This is not the case – just because you meet the criteria to be free of filing a tax return does not mean you do not need to pay tax, Sars said in media statement on Thursday...
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