TAX TABLES AND THRESHOLDS

INTEREST RATES

FOREIGN EXCHANGE ALLOWANCES

CONNECTED PERSON RULES                                   

WEAR AND TEAR ALLOWANCES

RESIDENTS

Residency test

Ceasing to be a resident

South African interest

Foreign interest

South African dividends

Foreign dividends

Tax-free investments

Restraint of trade receipts

Foreign trading activities

Foreign employment income

Foreign pensions and annuities

Unemployment Insurance benefit

NON-RESIDENTS

Business income

Dividends

Interest received

Rental income on fixed property

Rental income on moveable property

Remuneration and fees

Royalties

Foreign entertainers

Disposal of fixed property

Service fees paid to non-residents

Withholding taxes

ALLOWANCES

Travelling and car allowance

Reimburse travel allowance

Subsistence allowance

Uniform allowance

FRINGE BENEFITS

Acquisition of assets  

Right of use of an asset

Use of company-owned vehicle

Insurance policies

Medical aid contributions

Cost relating to medical services

Residential accommodation

Holiday accommodation

Free or cheap services

Low interest or interest-free loans

Payment of employees’ debt

Bursaries and scholarships

Free or subsidised meals

Contributions to retirement funds

Share incentive schemes

Relocation benefits

DEDUCTIONS FOR INDIVIDUALS

Retirement fund contributions

Donations

Home office expenses

Travel expenses

Investments in Venture Capital Companies

RETIREMENT BENEFITS

Annuities

Severance benefits

Lump-sum benefits

Tax on retirement lump sum benefits

Tax on retirement withdrawal benefits

Tax-neutral transfers

Exemption of qualifying annuities

DIFFERENT TYPES OF ENTITIES

Small business corporations

Personal service providers

Microbusinesses

Bodies Corporate

Trusts

Public Benefit Organisations

Recreational clubs           

EMPLOYMENT TAXES

Remuneration

Variable remuneration

Employee’s tax

Employee’s tax certificates

EMP501 return

Employment tax incentive

Skills Development Levies

Unemployment Insurance Fund

Learnership allowance

Insurance policies

OTHER TAXES

Dividend tax

Value-Added Tax

Donation’s tax

Estate duty

Securities Transfer Tax

Provisional tax

Capital Gains Tax

GENERAL

Doubtful debt allowance

Interest-free loans to trusts

TAX ADMINISTRATION MATTERS

Lodging a complaint at Ombud

Tax compliance status

Notification of audit

Request for relevant material

Persons who may be interviewed

Assistance during a field audit

Issuance of assessments

Estimated assessments

Auto-assessments

Reduced assessments

Objection against an assessment

Payment of tax

Liability of third parties

Refunds and interest

Delivery of documents 

Deregistration - tax practitioners

Illegal use of the SARS trademark

PENALTIES AND INTEREST

Administrative penalties

Percentage based penalty

Remittance of penalties

Understatement penalty

Remittance of interest

CRIMINAL OFFENCES

EVATION OF TAX, FRAUD AND THEFT 

VOLUNTARY DISCLOSURE

RETENTION OF RECORDS

IRP5 CODES