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Tax Return FAQ 4

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If you’ve been reading the previous posts on SARS submissions, you might know that the deadline is now on the horizon.  Manual returns have to be submitted by the 28th of September, and SARS efiling submissions need to be completed by the 23rd of November 2012. Of course, if you’re a provisional tax payer, then you have a little more time. Your submission is only due in January next year.  In today’s post, we will be addressing tax directives:

What is a tax directive?

Each month, an employer will deduct PAYE and SITE from an employee’s income based on guidelines from SARS. If that employee earns commission as part of his or her income, and the commission is greater than 50% of their total earnings, then that employee could apply for a tax directive.

The directive would fix your tax at a prescribed percentage regardless of what the employee might have earned in that tax year.  Ultimately, this results in a tax saving on a monthly basis and an ‘advance’ on what you would have normally received at the end of the year when submitting your full tax return.

How do I go about applying for a tax directive?

As a starting point, consulting with a tax expert would be advisable to ascertain whether a tax directive is viable for you.

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