Subject to the exclusions listed for taxpayers who are not required to submit a return (see below), taxpayers with gross income exceeding the following thresholds must submit a return:
- ZAR 91,250 (if under the age of 65 at the end of the year of assessment);
- ZAR 141,250 (65 years or older but under 75 at the end of the year of assessment);
- ZAR 157,900 (75 years or older at the end of the year of assessment).
In addition to the above, the Government Gazette lists specific categories of income streams, funds held, or assets owned, that may trigger a requirement to submit a return, e.g., trade income, capital gains and capital losses exceeding ZAR 40,000, funds held in foreign currency or foreign assets owned with a total value of ZAR 250,000 and related income or capital gains from these foreign currency funds or assets, participation rights in controlled foreign companies, taxable turnover, and South African-source interest of non-residents not qualifying for exemption. Taxpayers with these income streams/investments should consult the Government Gazette for more information.
Further, every person who is requested by the Commissioner in writing to furnish a return, irrespective of the amount of income or nature of receipts or accruals of the person, must submit a return.