Your tax deadlines for July

The period for individuals to submit tax returns for the 2015/2016 period begins on 1 July. Important dates to remember for the 2015/2016 tax year are:

  • 23 September 2016 is the due date for manual and postal income submissions.
  • 25 November 2016 – eFiling if you are a non-provisional taxpayer.   If you plan to submit from a SARS’ office this is also the due date for filing (non-provisional).
  • 31 January 2017 – provisional taxpayers via eFiling.

If your IRP5 is wrong

Note that if you are an employee you will no longer be allowed to make any corrections to pre-populated IRP5 details. If you disagree with the information in your return you will have to approach your employer to correct it with SARS – your employer is by law obliged to do so. 

Before you lodge a return at all, check that you are obliged to do so

Per SARS: “If you earn under R350,000 for a full year from one employer (that’s your total salary income before tax) and have no other sources of additional income (for example, interest or rental income) and no deductions that you want to claim (for example medical expenses, travel or retirement annuities), then you don’t need to submit a return” – but that’s just an overview and in any doubt ask your accountant for advice – the penalties for non-compliance are severe.