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SARS cuts the 2018 Tax season by a month!

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This just in: SARS announced on their website that they have shortened the 2018 tax season for non-provisional tax payers (individual tax payers who earn a salary and who do not have additional income sources such as interest or rental income) by month to allow more time for finalising verifications and audits before year end.

In the past, non-provisional tax payers, submitting their tax returns via efiling, had until the end of November to do so. This year, the tax season for non-provisional tax payers will close on the 31st of October 2018.

The 2018 tax season for non-provisional tax payers will start on the 1st of July 2018 and end on the 31st of October 2018, for tax payers submitting their returns via e-filing. Tax payers who manually submit their tax returns will have until the 21st of September 2018 to do so.

Provisional tax payers still have until the 31st of January 2019 to submit their final tax returns for the 2018 tax year.

ChannelDeadlineType of Taxpayer
Manual – Post or at SARS branch drop box21 September 2018Non – provisional and provisional
eFiling or electronic filing at SARS branch31 October 2018Non -provisional
eFiling31 January 2019Provisional

Please assist your tax practitioner in this regard, by timeously providing requested information.

Late submissions of tax returns are subject to penalties and interest.

If you have any questions in this regard, please contact your trusted tax practitioner.

Source: http://mmsgroup.co.za/