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SARS increases annual income threshold for tax returns - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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SARS increases annual income threshold for tax returns The South African Revenue Services (SARS) Commissioner, Edward Kieswetter, has announced that the tax return threshold has been lifted from R350 000 to R500 000.

Kieswetter says taxpayers who are registered for e-Filing or make use of the new SARS MobiApp can file their income tax returns from July the 1st.

Kieswetter says taxpayers who are registered for e-Filing or make use of the new SARS MobiApp can file their income tax returns from July the 1st, while those who head to SARS branches can start filing their returns from the 1st of August. The revenue collector is aiming for people to use their e-filing service, rather than heading to SARS branches.

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WATCH: New Sars boss kicks off #TaxSeason2019 | IOL Business ReportThe new Sars Commissioner Edward Kieswetter briefed the media on Tuesday morning on various issues facing the tax collector.
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