Tax Returns in the Simplifications for You

Jannie Delucca

What is a simplified tax return for employees? Filing a voluntary retroactive tax return for employees can save money. A voluntary, retrospective tax return for employees can save money. Under certain conditions, an employee can submit a simplified tax return to the tax office instead of a normal tax return.

The Aspects of Possibilities

  • However, this is only possible if you have only received wages (including pension payments) and only want to deduct the advertising costs, special expenses and extraordinary expenses specified in the form.
  • A married couple can only submit their tax returns this variant, when a joint assessment have applied.

The Retirement Income Act, which has been in force since January 1, 2005, is likely to cause headaches for one or the other pensioner: 

The central question is “Does a pensioner has to file a tax return?”

The law states that pensions from statutory pension schemes are now … Read More