tax rebate calculator 2015 south africa

Where a subsistence allowance is paid there is no paye deduction on the amount.
From the debt from which the interest arises must not be effectively connected to a fixed place of business in South Africa.R 0, r 174,550 18 of each R1, r 174,551, r 272,700, r 31,419 25 of the amount above 174,550, r 272,701, r 377,450, r 55,957 30 of the amount above 272,700, r 377,451, r 528,940, r 87,382 35 of the amount above 377,450,.ZAR 550,101701,300: 39 percent (ZAR 147,996 plus 39 percent of taxable income above ZAR 550,000).Dispositions between spouses and donations to certain public benefit organisations are exempt from donations tax.Tax relief on retirement lump sum benefits up to a total of ZAR 500,000 across a lifetime.Non-residents, however, are only taxed on their income from South African world discount telecommunications sources.Who has to pay income tax in South Africa?Deduct all allowances and deductions to calculate you your taxable income.What earnings are subject to sars income tax?No deductions are allowed for expenditure to produce foreign dividends.Here is a list of countries that have tax treaties with South Africa.Alternatively : Where the distance travelled for business purposes does not exceed 8 000 kilometres per annum, no tax is payable on an allowance paid by an employer to an employee up to the rate of 330 cents per kilometre, regardless of the value.Where an employer has not withheld the correct amount, it becomes a debt to the South African Revenue Service.Exemption on interest payments up to ZAR 23,800 (ZAR 34,500 for those aged 65 and over).It's important to be aware of potential scams asking for your personal information; sars will never request your banking details in any form of communication, such as post, email or SMS.You may be liable to pay South African income tax as an expat; this guide covers the sars income tax system, income tax brackets for South Africa, deadlines, allowances and income tax calculators for South Africa.Business or corporate income tax in South Africa is dealt with separately in our article here.The deadlines for submitting income tax return apple store ipad air 3 forms in South Africa for the 2015/16 tax year are as follows: 25 November 2016: at a sars branch (provisional and non-provisional) 25 November 2016: sars eFiling (non-provisional) : provisional taxpayers via eFiling If you are employed.
Tax relief claims against work-related travel and vehicle allowance.
Tertiary (Persons 75 and older r 2,367, the primary and additional age rebate is available to all South African individual taxpayers.