YOUR MONEY | What to know about filing your tax returns

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
0:00
play article
Subscribers can listen to this article
(Photo: GALLO IMAGES/GETTY IMAGES)
(Photo: GALLO IMAGES/GETTY IMAGES)

When you start earning money, the revenue service and its rules can seem confusing. Here are six key things to note:

Paying tax can often seem extremely complicated, but these days the South African Revenue Service (Sars) makes it much easier to understand and submit your tax returns. But when you’ve just started working and have to register as a taxpayer it can still seem overwhelming. We answer six of your questions on the subject.

The tax year covers a slightly different period than the ordinary calendar year. It starts on 1 March and ends on 28 February, except of course in leap years.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in