31/07/2020
All you need to know about 2020 Tax filing.
𝗦𝗔𝗥𝗦 𝗹𝗮𝘂𝗻𝗰𝗵𝗲𝘀 𝗮𝘂𝘁𝗼-𝗮𝘀𝘀𝗲𝘀𝘀𝗺𝗲𝗻𝘁 𝗮𝗵𝗲𝗮𝗱 𝗼𝗳 𝘁𝗮𝘅 𝗳𝗶𝗹𝗶𝗻𝗴 𝘀𝗲𝗮𝘀𝗼𝗻
The South African Revenue Service (SARS) has announced that over 3 million individual taxpayers will not have to file tax returns due to the organisation’s auto-assessments.
From the 1st the 31st of August we are happy to launch a mass launch of our auto assessment process, which means that about 3.1 million individual SMS’s will be sent out and it will advise you of an assessment we have done on your behalf."
But many taxpayers have already received sms's this week and those that have logged in to efilling could either accept or edit their assessments.
If you're unhappy with your assessment you can use the SARS App/eFiling to edit and add documents.
An auto-assessment which is not specifically accepted, edited or rejected by an individual taxpayer will automatically be filed if the third party data used to generate the assessment is correct and complete.
The filing season will begin on 1 September and close in January 2021.
"For e-filing, the closing date is 16th of November 2020, for taxpayers who want to file at a SARS branch the closing date is 22 October 2020 and for provisional taxpayers who file electronically the closing date is 29 January 2020," said Kieswetter.
Individuals who want to file at SARS branches need to make an appointment due to Covid-19 regulations.
On the 30th of July already 62300 taxpayers filed their returns and they already had attempts of fraud.
Happy filing and happy weekend.