Your deadline to file your tax return just got a lot shorter
SARS says the three weeks between the closing of filing season and the start of the holidays in December will allow it to conduct audits and verifications
The South African Revenue Service (SARS) has shortened the annual tax filing season by three weeks, but has taken steps to prevent its branches from buckling under expected congestion. SARS says the three weeks between the closing of filing season and the start of the holidays in December will allow it to conduct audits and verifications. It has met recognised controlling bodies such as the South African Institute of Tax Professionals, the South African Institute of Chartered Accountants and the South African Institute of Professional Accountants ahead of the change. The move will affect mainly nonprovisional individual taxpayers who earn a salary and do not have additional income sources such as interest or rental income. Nonprovisional taxpayers who have filed manually will now have from July 1 2018 to September 21 to file their returns. The final deadline for nonprovisional taxpayers is October 31. South African Institute of Tax Professionals tax technical adviser Malebo Moloto s...
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