The University of Pretoria's 2024/2025 financial tax year ends on 28 February 2025.

Please take note of the following important information:

Subsistence and travel claims:

• Subsistence claims received, processed and paid out on or before 14 February 2025 will be included in the 2024/2025 tax year for tax assessment purposes.
• Travel claims received, processed and paid out on or before 14 February 2025 will be included in the 2024/2025 tax year for tax assessment purposes.
• Subsistence and travel claims received, processed, and paid after these dates will be included in the 2025/2026 tax year, and will be taxed at the 2025/2026 tax year rates as applicable.

Claims:

• Claims for services rendered which are processed and approved in the payroll on or before 10 February 2025 will be included in the 2024/2025 tax year for tax assessment purposes.
• Claims for services rendered which are processed and approved in the payroll after 10 February 2025 will be included in the 2025/2026 tax year, and will be taxed at the 2025/2026 tax year rates where applicable.

Overtime:

• All overtime payments must be approved by close of business on 10 February 2025 for payment in February 2025 and inclusion in the 2024/2025 tax year.
• Overtime payments approved after 10 February 2025 will be paid in March 2025 and included in the 2025/2026 tax year.

To ensure the accuracy of your 2024/2025 tax, kindly make sure that the above transactions are submitted in time to meet the above-mentioned deadline dates.

If you have any questions regarding this, kindly consult with your Faculty Accountant.