Personal Income Tax – Return

IRP5  |  Medical  |  RA

eFiling – July to October/November

Provisional – File by January

What it is:

Personal income tax is levied on the taxable income of individuals. This includes salaries, rental income, investment income, and business profits.

Due Date:

The tax season usually opens on July and closes around October/November for
non-provisional taxpayers. Provisional taxpayers must file by January.

Interest & Penalties:

Late filing attracts administrative penalties ranging from R250 to R16,000 per month, depending on taxable income. Late payments attract interest.

Requirements:

All individuals earning above the annual tax threshold must register and file. Employers issue IRP5 certificates to assist in filing. Accurate supporting documents (medical aid, retirement annuities, etc.) are needed.