Auto-Assessments: Not Necessarily Final
Every year, millions of South Africans receive a SARS auto-assessment based on data that SARS already holds. However, while SARS has enhanced parts of its auto-assessment process and online tax assistant, it’s advisable to do a careful review before accepting. If you don’t respond, SARS treats that as you being in agreement with the assessment […]
Submit your return on time, or face penalties
Non-residents and earners of foreign income are also receiving extra attention this year The tax season for the 2022 tax year has just started, and it will be one of the shortest to date. The period to submit tax returns opened on 1 July 2022 and runs to 24 October 2022 for individual taxpayers who […]