The South African Revenue Service (SARS) has proposed shortening the annual filing season in 2018 by almost a month.Tax practitioners and industry bodies expressed concern about the pressure on taxpayers and tax practitioners to meet the new deadlines. Late submissions of tax returns are subject to penalties and interest.Indications are that SARS wants to have more time to conduct audits and verifications after the closing of the filing season and before the start of the December holidays.The motivation behind the proposal seems to be that the short period between the November deadline and the holiday season affected audits and verifications and the resultant refunds being completed and issued timeously.SARS declined to comment on the proposal, saying it was still only being discussed and that the agency was therefore not in a position to comment or provide details.SARS has held a meeting with recognised controlling bodies such as the South African Institute of Tax Professionals (Sa...
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