Personal Tax Submission
- Salary, pension and annuities
IRP5 certificates, IT 3(a) certificates and any other certificates from your employer
- Contributions to retirement annuity funds (“RAF’s”) & income protection funds
Obtain tax certificates reflecting contributions to retirement annuity and income protection funds
- Medical contributions to medical aid fund
Obtain tax certificates from the medical institution for all contributions
- Medical expenses paid by yourself, not covered by medical fund
List medical expenses not recovered from a medical aid and paid by you.
Note that non-prescribed medicine does not qualify as a deduction. Retain proof of payment for all medical expenses
- Interest received or accrued (local and/or foreign)
IT3(b) certificates from financial institution or any other institution
- Travel logbook (If you received a travel allowance - code 3701 on IRP5 form)
From 2010 you may not claim for traveling if you have not kept a logbook!
- Capital gains tax (“CGT”)
Capital gain tax became effective from 1 October 2001 and you are requested to provide the market value as at 1 October 2001, as well
as selling price and date of sale of any item that qualifies for capital gain tax, e.g. property which is not your primary residence, shares,
bonds, kruger rand's etc
- Members of cc’s and directors of companies
List of assets and liabilities
- Bank details (for refunds)
Bank name, Branch name, Branch code, Account number, Account name, Account type
- Other South African income
Rental income, business/freelance income (if IRP5 or IT3 (a) not issued by employer) etc. If married in community of property, the rental
and investment income of your spouse must also be provided, as well as the foreign taxes (if any) paid by your spouse. If the source of this
income was as a result of an inheritance specifically excluded from the joint estate, you do not have to provide this information for your spouse.
- Dividends
Details of local dividends (even though it is tax-free) and foreign dividends received or accrued
- Lump sums
Certificates reflecting lump sums received as a result of retirement from a pension fund and/or retirement annuity fund
- Expenses incurred in the production of income
Proof of all expenses incurred in the production of commission, rental, business, and/or freelance income
- Home office
No expenses in respect of an office at home may be claimed, unless a business is run from home, etc (e.g. sole proprietors)
- Donations
Certificates/receipts reflecting donations (if any), these certificates must be issued in terms of section 18A of the Income Tax Act No. 58 of 1962
- Retired individuals
If you retired during the tax year, please provide forms A and D which can be obtained from your employer/pension fund
- Details of other income and worldwide income
Any other income and expenses you consider taxable that needs to be declared
- Other
Any other information we should know about in respect of your tax return submission
Email information, schedules and/or documents to darryll@tax911.co.za or fax to 011 826 5469