Eswatini Revenue Service

Income Tax Returns

WHY SUBMIT AN INCOME TAX RETURN

For effective reconciliation of one's income tax affairs
To enable calculation of income tax due (or refund)
For credit worthiness as a taxpayer
To contribute to national development

WHO MUST SUBMIT INCOME TAX RETURNS

Individuals
Companies
Employers
- Whether resident or non resident
- So long as the income is deemed to be sourced in Swaziland

PERSONS NOT REQUIRED TO FURNISH INCOME TAX RETURNS

A person who was in continuous employment with a single employer, whose gross income during the year of assessment consisted ONLY of remuneration.

A person whose employee’s income tax deducted was payable in terms of the prescribed tax deductions tables and was further subjected to the FDS; and

Such person did not derive any other income, or if the additional income derived consisted of a dividend which has been subject to a final withholding tax.

SUBMISSION BY INDIVIDUALS

Self employed individuals regardless of their income
Sole traders. This includes income from:
- Spazas
- Farming
- Salons
- Any other commercial/business activity
Pensioners earning a gross income of more than E46 000 per annum
Employed individuals
- With other sources of income(e.g. part time work or business)
- Who has received income from more than one employer
Recipients of rental Income
Members of clergy (pastors, prophets, priests, apostles, administrators etc)
Legislators
Members of Board of Directors
Partners in partnerships
Locally recruited staff of international organisations and Embassies
Trust Funds
Non Governmental Organisations

SUBMISSION BY COMPANIES

ALL companies must submit a return, including:
Loss returns
Profit returns

IMPORTANT: Companies registered for tax but not yet operational or that have not been operating in the year of assessment must notify the Commissioner General in writing.

WHAT CONSTITUTES GROSS INCOME?

All income received by the taxpayer during the year of assessment:


Employment income	Business income
Rental income	Board fees
Bonuses	Allowances
Benefits	Income that the taxpayer has a right to
Income from any business activity

HOW TO SUBMIT A TAX RETURN

Download the form or collect it from an SRA Tax Office/service centre
Complete form, sign it and submit it to the SRA, attaching financials and all supporting documents, before the 31st October (Deadline); or 120 days after a financial year end for a company whose year end is different from the tax year (July-June)
Late submission of returns attracts penalties.