“In a major departure from previous years, to improve service to taxpayers and encourage conversion to online filing, Tax Season 2019 is staggered,” it announced. It’s also worth noting that returns filed via SARS’ app have a deadline of 4 December 2019. just complete this online form and we will take care of it. Fictitious refunds are claimed for fabricated expenses and losses, as well as fictitious employers generating IRP5’s for the sole purpose of claiming refunds.6. SARS is once again appealing to employers to register their employees. Yes, tax season will start on 1 August and end on 31 October, but electronic applications start at the beginning of July and remain open all the way through until the last day of January 2020. SARS Home.
For more info on how to prepare for Filing Season, see the communique to taxpayers. ), File Return of Earnings (ROE) 2019 with Compensation Fund on your behalf, PAYE/UIF Registration with SARS - Employer, Save taxes on school or tertiary fees for your children, Monthly accounting and tax services for businesses, Close Corporations and Companies (CIPC Services), Employer Registrations and Payroll Services. Channel enhancements. Address: Riverbank House, 1 Putney Bridge Approach, London, SW6 4TJ.
Failure to do so may result in SARS raising an estimate assessment. Source : www.businesstech.co.za. Day. SARS has introduced several innovations to its digital channels for Tax Season 2019. 1st Floor, Block B, North Park, Black River Park, 2 Fir Street, Observatory, Cape Town, 7925, South Africa return of earnings submissions and renewal of annual logs can now be done in one easy step. Instead of requiring tax returns from everyone who earns R350 000 a year, that minimum figure has been increased to R500 000 a year. Instead of requiring tax returns from everyone who earns R350 000 a year, that minimum figure has been increased to R500 000 a year. | Terms and Conditions | Privacy Policy | invoicesonline.co.za. we have some good news, All content is ©2008 - 2020 myFINANCE-online.co.za. Online cloud accounting and business solutions, Annual Financial Statements and Tax Returns for Businesses, Corporate Income tax return submission (IT14), Amend a CC/Company Details (Add/Remove Member(s)/Directors etc. Or, if you want to ensure you avoid all SARS-related headaches altogether, you could just hand all of this over to an expert.
Taxpayers who want to file hardcopy tax returns at a SARS branch may do so from August 1 until October 31.
About Us; Careers; Client Segments; Contact Us; Legal Counsel; Media; Tax Can Be Fun; Procurement; Types of Tax; Targeting Tax Crime; Tax Rates; Visit the COVID-19 Online Resource and News Portal at www.sacoronavirus.co.za : Beware of scams pretending to be from SARS. However, taxpayers who go to a SARS branch will be encouraged to register as users of eFiling and the MobiApp. • They have no other form of INCOME (e.g. To further reduce unnecessary trips to SARS branches, taxpayers who are not required to file a return will receive a simulated outcome from SARS as if they had filed a return. car allowance, business income, and rental income, taxable interest or income from another job).
SARS thanks all taxpayers who comply with their tax obligations. Many taxpayers still do not declare rental income from properties and we will improve our data matching in this regard by collaborating with the Deeds Office. Postal: Blue Sky Publications (Pty) Ltd T/A TheSouthAfrican, PO Box 44354, Claremont, 7735, South Africa, United Kingdom– Blue Sky Publications Ltd – Company Registration Number: 04683692. The South African Revenue Service (SARS) has announced a number of changes ahead of the start of the 2019 tax season.
“The main reason for SARS lifting the threshold is that it lessens their administrative burden of processing tax returns from the lower income-earning group,” said Viviers.