It's nearly tax return season again, and with it will come auto-assessments and maybe some surprises.
The SA Revenue Service (Sars) recently announced the individual filing season will begin in July, with most people being auto-assessed and notified of the outcome. If you are happy, you won't even need to login and “accept” it.
“No need to call us, we will send you an SMS if you are selected to be auto-assessed. However, we have made it much easier this year — if you agree with your auto-assessment then there is no need to 'accept' the assessment.
“Should we not get your assessment right, you can still let us know by filing a tax return with the additional information. If you want to edit your return, you can file your return on eFiling or the Sars MobiApp.”
If you accept the results of your auto-assessment and if there is a refund due to you, it will be paid by Sars. A negative amount indicates that a refund is due to you. If you owe Sars money, you can make a payment on eFiling, via EFT or the Sars MobiApp by the specified due date on your notice of assessment.
POLL | Have you ever been surprised by a Sars tax assessment?
It's nearly tax return season again, and with it will come auto-assessments and maybe some surprises.
The SA Revenue Service (Sars) recently announced the individual filing season will begin in July, with most people being auto-assessed and notified of the outcome. If you are happy, you won't even need to login and “accept” it.
“No need to call us, we will send you an SMS if you are selected to be auto-assessed. However, we have made it much easier this year — if you agree with your auto-assessment then there is no need to 'accept' the assessment.
“Should we not get your assessment right, you can still let us know by filing a tax return with the additional information. If you want to edit your return, you can file your return on eFiling or the Sars MobiApp.”
If you accept the results of your auto-assessment and if there is a refund due to you, it will be paid by Sars. A negative amount indicates that a refund is due to you. If you owe Sars money, you can make a payment on eFiling, via EFT or the Sars MobiApp by the specified due date on your notice of assessment.
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