Non residents - do I need to submit a tax return on interest payments

By Marc Sevitz · Updated

UK resident

UK resident said:
12 May 2015 at 11:21

I am a non resident but earn a small amount of interest from a FNB non-resident bank account. Do I need to submit a tax return. Can I do it through TaxTim
TaxTim Marc

TaxTim Marc said:
12 May 2015 at 15:47

How much interest do you earn?
UK resident

UK resident said:
12 May 2015 at 18:43

Interest varied between R2000 and R4000
TaxTim Marc

TaxTim Marc said:
13 May 2015 at 8:44

You do not need to submit a return nor pay any taxes to SARS as you fall beneath the tax threshold.