South African Tax

Who has to pay tax?

• Every person in South Africa above the age of 18.

• Every person in South Africa who earns a salary above the tax

  threshold has to pay tax.

• Every person who earns R79 000 or less a per year.

• Only people who earn a lot of money.

What is your IRP5?

• Your IRP5 confirms your income for the year as well as the tax that has been deducted for that period.

• Your IRP5 shows you how much tax you need to pay.

• Your IRP5 confirms that you have committed tax fraud.

Who decides how much tax I pay?

• Society

• Your current employment

• The government

What are the two ways that I can register as a taxpayer?

• If you are employed, and your employer uses SARS easyFile software, your employer should be able to register you as a taxpayer.

• You must visit a SARS branch office and fill out forms.

• You don't have to register in order to pay tax

Why do you sometimes get money back from SARS?

• Because you have paid too much tax.

• SARS pays you back if you pay them.

• SARS is a generous service.

Which items do not require you to pay tax for? Choose two.

• fish

• eggs

• meat

• lentils

If you have committed tax evasion, it means that you:

• Have paid too much tax.

• You have not paid tax or you have not paid enough tax.

• You have not registered with SARS

What is SARS?

• It's a shopping centre.

• It's where you go if you would like to apply for an overseas visa.

• It's the South African Revenue Service

Income tax is:

• the money owing to you by SARS.

• payable by a person on the taxable income that they earn.

• the amount that you are paid by your employer.

Value Added Tax (VAT) is an indirect tax levied at:

• 12%

• 15%

• 20%

• 14%