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Income Tax Return for IndividualsTaxpayer Ref No.×Year of Assessment*(Income Tax Act. No. 58 of 1962, as amended) Form Wizard INFORMATION TO CREATE YOUR PERSONAL INCOME TAX RETURN^Standard^Mark with

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How to fill out year of assessment

01

Obtain the necessary documents such as salary slips, investment details, and any other relevant financial information.

02

Access the official government website for tax filing and login with your credentials.

03

Look for the section specifically designated for filling out the year of assessment.

04

Enter the required information accurately, including details of income, deductions, and exemptions for the relevant assessment year.

05

Double-check all entries to ensure accuracy and completeness before submitting the form.

Who needs year of assessment?

01

Individuals who are required to pay taxes to the government need to fill out the year of assessment. This includes employees, business owners, and individuals with other sources of income that are subject to taxation.

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What is year of assessment?

The year of assessment is a specific year used by tax authorities to determine the taxable income of individuals and businesses. It usually follows the end of a financial year.

Who is required to file year of assessment?

Individuals, businesses, and corporations that earn income are typically required to file a year of assessment, depending on the jurisdiction's tax laws.

How to fill out year of assessment?

To fill out the year of assessment, taxpayers must report their income, deductions, and other financial information on the tax form provided by the tax authority.

What is the purpose of year of assessment?

The purpose of the year of assessment is to calculate the tax liability of individuals and businesses based on their income earned during the assessment period.

What information must be reported on year of assessment?

Taxable income, deductions, credits, and any other relevant financial information related to earnings during the assessment year must be reported.

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