SA Residents:
- Every SA resident Trust;
- Every SA resident Company or juristic person who:
- derived gross income of more than R1,000;
- held assets of more than R1,000;
- had liabilities of more than R1,000;
- derived any capital gain/capital loss of more than R1,000 from the disposal of an asset;
- had any taxable income;
- had any taxable turnover; or
- had any assessed loss or had an assessed capital loss
- Every SA resident Company that was not a resident as a result of the application of any agreement entered into with the Government of any other country for the avoidance of double taxation;
- Every natural person (individual) who:
- Carried on any trade;
- Had capital gains or capital losses exceeding R40,000;
- Held any funds in foreign currency or owned any assets outside the Republic, exceeding R250,000, at any stage during the year;
- Any income or capital gains from funds in foreign currency or assets outside the Republic was attributed in terms of the Income Tax Act;
- Held participation rights in a controlled foreign company*;
- Had taxable turnover;
- Was under the age of 65 and whose gross income exceeded R83,100;
- Was 65 years or older (but under the age of 75) and whose gross income exceeded R128,650;
- Was 75 year or older and whose gross income exceeded R143,850;
- Every estate of a deceased person that had gross income;
- Every person that is issued an income tax return or 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); or
- Every representative taxpayer of any person that falls in any one of the above catagories
Non SA Residents:
- Every company, trust or other juristic person that:
- carried on a trade through a permanent establishment in the Republic;
- carried on any trade in the Republic;
- derived income from a source in the Republic;
- derived any capital gain or capital loss from the disposal of an asset;
- gross income included interest from a source in the Republic to which section 10(1)(h) of the Income Tax Act do not apply
* A foreign company where more than 50% of the total participation rights in that foreign company are directly or indirectly held, or more than 50% of the voting rights in that foreign company are directly or indirectly exercisable, by one or more SA residents.