,Income TaX
INCOME TAX
AND
INDIVIDUAL
GUIDE (2018/2019)
, Guide on
Income
Tax and
the
Individual
Preface
The purpose of this guide is to inform individuals who are South African residents of their
income tax commitments under the Income Tax Act 58 of 1962 (the Act).
This guide does not attempt to reflect on every scenario that could possibly exist, but does
attempt to provide clarity on the majority of issues that are likely to arise in practice. Issues not
specifically addressed may be taken up with the South African Revenue Service (SARS)
National Contact Centre, or your nearest branch office.
This guide is not an “official publication” as defined in section 1 of the Tax Administration
Act 28 of 2011 (TA Act) and accordingly does not create a practice generally prevailing under
section 5 of that Act. It should, therefore, not be used as a legal reference. It is alsonot a
binding general ruling under section 89 of Chapter 7 of the TA Act. Should an advance tax
ruling be required, visit the SARS website for details of the application procedure.
This guide includes the amendments effected by the Taxation Laws Amendment Act 23 of
2018 and the Tax Administration Laws Amendment Act 22 of 2018, as well as the Rates and
Monetary Amounts and Amendment of Revenue Laws Act 21 of 2018, which were all
promulgated on 17 January 2019. As the year of assessment of an individual ends on the
last day of February, these amendments are applicable to the years of assessment
commencing on or after 1 March 2018 and ending on 28 February 2019 (that is, the 2019 year
of assessment).
All guides, interpretation notes and returns referred to in this guide are available on the
INCOME TAX
AND
INDIVIDUAL
GUIDE (2018/2019)
, Guide on
Income
Tax and
the
Individual
Preface
The purpose of this guide is to inform individuals who are South African residents of their
income tax commitments under the Income Tax Act 58 of 1962 (the Act).
This guide does not attempt to reflect on every scenario that could possibly exist, but does
attempt to provide clarity on the majority of issues that are likely to arise in practice. Issues not
specifically addressed may be taken up with the South African Revenue Service (SARS)
National Contact Centre, or your nearest branch office.
This guide is not an “official publication” as defined in section 1 of the Tax Administration
Act 28 of 2011 (TA Act) and accordingly does not create a practice generally prevailing under
section 5 of that Act. It should, therefore, not be used as a legal reference. It is alsonot a
binding general ruling under section 89 of Chapter 7 of the TA Act. Should an advance tax
ruling be required, visit the SARS website for details of the application procedure.
This guide includes the amendments effected by the Taxation Laws Amendment Act 23 of
2018 and the Tax Administration Laws Amendment Act 22 of 2018, as well as the Rates and
Monetary Amounts and Amendment of Revenue Laws Act 21 of 2018, which were all
promulgated on 17 January 2019. As the year of assessment of an individual ends on the
last day of February, these amendments are applicable to the years of assessment
commencing on or after 1 March 2018 and ending on 28 February 2019 (that is, the 2019 year
of assessment).
All guides, interpretation notes and returns referred to in this guide are available on the
