Thursday 3 May 2012


Simple tax terms

  • IRP5/IT3(a) - its a employees Tax Certificate
  • ITR12 - Income tax return for individuals
  • PIT - Personal income tax
  • Medical tax credit - is the tax rebate set out in section 6Aof the act , i.e it will be avail to tax payers who belong to a medical scheme and are below 65yrs..( full details SARS website)

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