ITA34 report when receiving a non-taxable allowance

By Marc Sevitz · Updated

Sue-Anne

Sue-Anne said:
25 November 2015 at 11:11

The bank requires me to submit an ITA34 report for a loan application. My income is not taxable because it is an allowance from my parents. Is it possible to still get this clearance from SARS?
TaxTim Marc

TaxTim Marc said:
25 November 2015 at 12:03

Have you ever submitted a return to SARS?
TaxTim Marc

TaxTim Marc said:
25 November 2015 at 12:05

You will need to submit a nil Tax Return in order to obtain this tax clearance.
First you will need to get a tax number. Please read our blog on How to get a SARS tax number

Then, read up on How to submit a nil tax return

Good luck!