2016 Tax Return Due Date: 25 November (Non-Provisional)

Tax Season for Individuals opened from 1 July 2016. During Tax Season, you need to submit your income tax return (ITR12) so SARS can reconcile the tax on your income and the tax-deductible expenses for the year of assessment (1 March 2015 - 29 February 2016). This may, in some cases, result in a refund.

Important due dates:

25 November 2016 - At a SARS branch (provisional and non-provisional)
25 November 2016 - eFiling (non-provisional)
31 January 2017 - Provisional taxpayers via eFiling

To get ready to submit your tax return, you will need to gather all your supporting documents which include the following:

• IRP5/IT3(a) certificate(s) from your employer or pension fund
• IT3(b) certificates for investment returns
• Financial statements, if applicable e.g. 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
• See the complete list of supporting documents

Additional personal income tax support:

• Completing your ITR12
• Income from two sources
• Tax on rental income
• Individual Deductions
• Medical Tax Credits
• What if I don't agree?
• Help-You-eFile
• Find a Source Code
• How do I send SARS my return?
• How do I pay?
• Shared Access with my Tax Practitioner
• Do you need to submit a return?
• eFiling App and Mobisite
• Compatibility guidelines

Top Tip: Even though you will be using the supporting documents to complete your return, you mustn't send them to SARS. You must keep them safely for a period of five years should SARS require them in future.

Remember, if you're filing at a SARS branch you must bring all the documents applicable to you to SARS, plus original proof of identity (ID, temporary ID, passport or driver's licence).

Regards,

Shane Thom, CFP^® GTP(SA)™
Managing Partner: Integrated Wealthcare Advisor