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Thank you for filing your Income Tax returns on time

Now that the tax filing season is officially over, SARS thanks all taxpayers who submitted their returns for the 2023 tax year by the deadline of 23 October 2023.

Through your compliance and cooperation, you help to develop and secure the well-being of our country.

We urge taxpayers who have yet to file their personal tax returns to do so immediately. The easiest way is to submit tax returns online via SARS eFiling or the SARS MobiApp. These services are available 24/7 from any location.

If you are unsure of how the assessment was concluded or the reasons for any of the adjustments made, you may submit a Request for Reasons within 30 business days of this assessment, using the SARS prescribed form available on eFiling.

If you disagree with the assessment, you may submit a Notice of Objection via eFiling. This must be done within 80 business days from the date of the assessment. If a Request for Reasons was submitted, the notice of objection must be submitted within 80 business days after the delivery of the outcome notification.

Your obligation to pay any amount due is not suspended by a Request for Correction, any objection or appeal. However, SARS will consider a motivated application for the suspension of payment as provided for in the Tax Administration Act, for instances where an amount due is, or will be, subject to objection or appeal.

Payments and Deadlines

Paying tax on time and in full is not only a legal obligation, but a civic duty. Taxes help to fund public services and infrastructure that benefit society and the economy. SARS is legally obliged to remind all taxpayers with outstanding debt to pay timeously to avoid interest and penalties.

SARS encourages taxpayers who face difficulties in paying their taxes immediately to write to contactus@sars.gov.za. We are willing to explore options to offer you relief or compromise.

Alternatively, they can arrange to settle their debts. Click here or go to the SARS You Tube channel to watch a video on how to arrange to pay SARS. We are committed to help taxpayers who are willing to comply, but also ready to enforce the tax laws against those who are not.

You can use any of these channels to pay SARS:

  • eFiling
  • EFT payments
  • Payments at a bank

What Happens if you do not pay your outstanding debt?

Failure to pay your outstanding debt will always have serious consequences e.g. on your credit rating and legal status. SARS can recover the debt by issuing a final demand or imposing penalties and interest, among other actions. Taxpayers also have rights and options to resolve the debt before SARS enforces collection processes.

Companies’ Income Tax Returns (ITR14)

Companies registered for income tax in South Africa must submit their income tax returns (ITR14) every year.

The company’s income tax return form contains information about the company’s income, expenses, assets, liabilities, and tax calculations for the year of assessment.

Companies can complete and submit the ITR14 online through eFiling, which is a secure and convenient way to manage your tax affairs. The ITR14 is due 12 months after the end of the company’s financial year.

Tips when filing an ITR14:

  • Make sure the company has a Registered Representative.
  • Activate tax types on eFiling.
  • To access the ITR14, ensure that you have submission rights on eFiling.
  • Support all your relevant expense claims with documents that are clear and up to date.

What Happens if You Do Not File Your ITR14?

SARS will impose penalties to deter non-compliance and ensure tax fairness. The amount of the penalty depends on the taxable income of the company and the number of months of non-compliance.

The penalty ranges from R250 to R16 000 per month of non-compliance. To remedy the situation, please file all outstanding returns and pay the penalty. However, if you have reasonable grounds, you may submit a Request for Remission after filing all outstanding returns.

Once again, SARS thanks you for your compliance and cooperation. Together, we can make a difference and build a better future for ourselves and our children.

 

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