Description
The IT12 is the annual Income Tax Return for individual taxpayers in South Africa, submitted to the South African Revenue Service (SARS). It is used to declare personal income, deductions, tax credits, and any other relevant financial details for the tax year. Individuals who earn income from multiple sources, are self-employed, or have allowable deductions (like medical expenses or retirement contributions) are typically required to submit an IT12. Accurate and timely submission helps ensure correct tax assessments, potential refunds, and compliance with SARS regulations. The IT12 is submitted via SARS eFiling or at a SARS branch during tax season.

		
		
		
		
		
		
		
		
Reviews
There are no reviews yet.