Individual Income Tax Return
Annual income tax return for individuals, trusts, and deceased estates.
3601
Gross Employment Income
Total salary, wages, bonuses, and overtime before deductions. Found on your IRP5 certificate from your employer.
4001
Retirement Fund Contributions
Contributions to pension, provident, or retirement annuity funds. Deductible up to 27.5% of taxable income, capped at R350,000.
4005
Medical Aid Contributions
Monthly contributions to a registered medical scheme. Qualifies for medical tax credits.
4201
Interest Income (Local)
Interest earned from SA banks and financial institutions. Exempt up to R23,800 (under 65) or R34,500 (65 and older).
4216
Dividend Income
Dividends received from SA companies. Generally exempt from income tax as dividends tax is withheld at source.
4250
Capital Gains / Losses
Gains or losses from disposal of assets. Annual exclusion of R40,000 applies. 40% inclusion rate for individuals.
4210
Rental Income
Gross rental income from letting property. Allowable expenses like rates, repairs, and bond interest can be deducted.
4211
Business Income
Income from trade, freelancing, or sole proprietorship. Must declare all income and may claim allowable business expenses.