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Income Tax Act, 1962 (Act 58 of 1962)

Chapter III: General Provisions

Part I: Returns

69. Duty to furnish returns as to employees, their earnings and other matters (Repealed)

 

 

[Repealed by the Tax Administration Act, 2011 (Act No. 28 of 2011)].

 

1) Every person shall, if required by the Commissioner, furnish to him, in such form and within such time as may be prescribed or as the Commissioner may direct, returns showing—
a) the names and addresses of all persons or of all persons of any particular class employed by him, and the earnings, salary, wages, allowances or pensions, whether in money or otherwise, received by or accrued to or in favour of each such person in respect of such employment;
b) all amounts received by or accrued to or in favour of any person in respect of any share or interest in any business carried on by the person furnishing the return;
c) all moneys received by the person furnishing the return from any person for investment or on loan or on deposit with or without interest;
d) all interest or rent received by or accrued to or in favour of any person from the person furnishing the return or from any business carried on by the last-named person in the Republic;
e) all interest, rent or dividends collected for or on behalf of any person by the person furnishing the return;
f) all such other information in his possession with regard to the income received by or accrued to or in favour of himself or of any other person as may be required by the Commissioner;
g) all amounts received by or accrued to or in favour of any employee or former employee of that person in respect of the disposal of any qualifying equity share contemplated in section 8B within 5 years from the date of grant of that qualifying equity share;
h) in the case where that person is a medical scheme contemplated in paragraph (b) of the definition of ‘benefit fund’
i) the names and addresses of all the members who contribute to that medical scheme;
ii) the amounts of those contributions; and
iii) all amounts paid by that medical scheme on behalf of any member which must be refunded to the medical scheme by the member;
i) in the case where that person is a pension fund, a pension preservation fund, a provident fund, a provident preservation fund or a retirement annuity fund—
i) the names and addresses of all the members who contribute to that fund; and
ii) the amounts of those contributions;

 

2) In addition to the returns specified in subsection (1), every person shall, if required by the Commissioner -
a) furnish the Commissioner with information reflecting-
i) the full names, address and income tax reference number, if that number is available; and
ii) in the case of—
aa) any natural person, his or her identification number,

: Provided that if he or she is not in possession of a South African identity document, any other form of identification; or

bb) any person other than a natural person, the registration number,

in relation to the amounts received by or accrued to such person as contemplated in subsection (1)(b) to (f), inclusive; and

b) supply such information and furnish such returns or such further or other returns as the Commissioner may require.

 

3) Every person to whom a form of return or a written request for information is sent by the Commissioner shall complete the form of return or comply with the written request for information in accordance with the requirements of the Commissioner and shall return the completed form or furnish the information to the Commissioner at such place and within such time as the Commissioner may direct.