Meaning of source code 3805

By Marc Sevitz · Updated

What does the source code 3805 mean?
TaxTim Marc

TaxTim Marc said:
4 August 2013 at 19:00

This is the source code used when your employer provides you with accommodation or a home at less than market value than what you are paying, or for free. You are taxed on this amount as part of your gross income as it is a fringe benefit to you.
Adolfina

Adolfina said:
5 August 2013 at 0:47

So TaxTim, is it possible to tell from the IRP5 how much one is going to get as a return from SARS? Any specific code used or do we have to do calculations?
TaxTim Marc

TaxTim Marc said:
5 August 2013 at 6:07

You can use our free refund calculator to get a good estimate of any refund due to you:

Tax refund calculator