Organisation : Western Cape Government
Head Quarters : Cape Town
Type of Facilities : Registration for Pay Income Tax
Website : https://www.westerncape.gov.za/service/paying-income-tax
Tax Form : https://www.southafricain.com/uploads/111-Taxform.pdf
Registration for Pay Income Tax :
** Register for income tax at a SARS office by completing an IB- IT 77 form.
Related : Western Cape Government Apply for Learners Licence : www.southafricain.com/108.html
You’ll need the following :
** a certified copy of your South African ID, passport or your driver’s licence,
** your bank details: either a cancelled cheque or an original or certified copy of your account statement, or an original letter from the bank confirming your bank details,
** income details for the last 3 years (for example: copies of the IRP5 tax certificate issued by your employer) and then,
** once you’ve been registered and given your tax number, you can register as a taxpayer and fill out your returns online.
Pay-As-You-Earn : (PAYE)
** PAYE, or Employees’ tax, is the tax that employers must deduct from the employment income of employees – such as salaries, wages and bonuses – and pay over to SARS monthly.
** It is withheld daily, weekly, or monthly, when these amounts are paid or become payable to the employees.
** It ensures that an employee’s income tax liability (amount of tax owed) is settled on an ongoing basis, while the income is being earned.
** The advantage of this is that the tax liability for the year is settled over the course of the whole year of assessment.
** The amount of PAYE you pay depends on how much you earn and is calculated using tax tables issued by SARS.
Tax returns :
** Once a year, your employer will give you an IRP5 tax certificate that shows the total amount that you earned and the total tax that was deducted.
** You need to register with SARS before you complete a tax return.
** If you’ve already registered, your tax return forms will be sent to you in the post.
** You can also collect the forms from your nearest SARS office, or receive and submit your tax returns online using the SARS eFiling system
Who qualifies to pay personal income tax?
Filing income tax :
For the 2016 year of assessment (1 March 2015 – 29 February 2015) you need to pay income tax if you earn an annual salary of more than :
** R73 650 (if you’re younger than 65),
** R116 150 (if you’re 65 or older), or
** R129 850 (if you’re 75 or older).
If you earn less than R350 000 a year, you don’t need to submit a tax return if :
** you receive a salary from only one employer,
** your salary is for a full year of assessment (1 March – 29 February),
** you don’t receive any other form of income, including a travel allowance and/or
** there are no other deductions or payments that need to be claimed.
The amount of personal income tax that you pay depends on :
** how much you earn,
** your age (whether you’re under 65 or over 65), and
** whether you’re a member of a pension fund or pay towards a retirement annuity fund.
Supporting documents :
To get ready to submit your tax return, you’ll need to gather all your supporting documents which may include the following :
** IRP5/IT3(a) certificate(s) from your employer or pension fund.
** IT3(b) certificates for investment returns.
** Financial statements, if applicable (for example: business income).
** Medical aid contribution certificates and receipts.
** Retirement annuity fund certificates.
** Certificates you received for local interest income earned.
** Logbook and other documents in support of business travel expenses.
** Completed confirmation of diagnosis of disability form (ITR-DD), if applicable.
** Any other relevant income and deduction information.
** Bank account details.