What are source codes for SARS?

What are source codes for SARS?

A source code is a four digit identifier / number that SARS uses to capture information on the income tax return. It will usually appear alongside the amount it relates to.

How do I know if SARS owes?

There are three ways to find out how much tax debt you owe:

1. Call the SARS Contact Centre. Steps to follow: Call the SARS Contact Centre and request a statement of account.
2. Log on to eFiling and request a statement of account.
3. Log on to the SARS MobiApp and request a statement of account.

What does SARS code 3901 mean?

Tax code 3901 is defined as: “Gratuities (retirement / retrenchment).”

How do I know if SARS will pay me?

Yes, you can see both on eFiling. The refund amount (if any) and refund payment date can be seen on the ‘Income Tax Statement of Account’ (ITSA) and the payment date for the amount owed by you to SARS, can be seen on the ‘Notice of Assessment’ (ITA34).

How do I check the status of my SARS refund?

To check for outstanding returns, click on the Returns tab on SARS eFiling, then click SARS correspondence, Request Historic IT Notices and then view a Statement of Account, also known as an ITSA. Here you will see any outstanding returns.

How is retrenchment taxed?

When you are retrenched, your employer may pay you a lump sum for the termination of your services, and this lump sum may qualify as a severance benefit. From 1 March 2011, special tax rates applicable to severance benefits were implemented, where the first R315,000 of the severance benefit was not subject to tax.

What does SARS code 3701 mean?

travel allowance
code 3701 – full amount (100%) of the fixed travel allowance; code 3702 – taxable reimbursive travel allowance, where the reimbursive travel allowance is more than the prescribed rate per kilometre, the portion of the travel allowance up to this rate (being business kilometres travelled x the prescribed rate);

What is a source code 4493?

A source code is a four digit identifier / number that SARS uses to capture information on the income tax return. It will usually appear alongside the amount it relates to. 4493 – Employers 7th sched medical:

What is a 4473 a source code?

A source code is a four digit identifier / number that SARS uses to capture information on the income tax return. It will usually appear alongside the amount it relates to. 4473 – Employers provident for employee 4474 – Employer medical aid 4475 – Retirement annuity (employer) – deduction 4493 – Employers 7th sched medical:

What is a source code 3713 on SARS?

A source code is a four digit identifier / number that SARS uses to capture information on the income tax return. It will usually appear alongside the amount it relates to. 3713 – Other allowances: 3713 – Other Allowances (PAYE) 3714 – Non-taxable allowances

What is a source code 3825 SARS?

A source code is a four digit identifier / number that SARS uses to capture information on the income tax return. It will usually appear alongside the amount it relates to. 3825 – Employer Provident Fund 3828 – Retirement annuity (employer) – benefit 3901 – Gratuities 3906 – Special lump sums: