FAQ: What is a fringe benefit?

Fringe benefits usually refer to non-cash benefits granted to employees, but do not constitute cash payments made. These fringe benefits will be reflected on your tax certificate by source codes starting with the numbers 38 followed by two more numbers.

FAQ: What does SARS mean by annual payments?

These are examples of annual payments: the Annual bonus, Incentive bonus, Leave pay (on resignation/encashment), Merit awards. The annual payment will reflect under code 3605 or 3655 (foreign annual payment) on the tax certificate.