Non-provisional taxpayers can now take advantage of SARS auto-assessments which have been rolling out since 31 July 2020. In a bid to make tax season an easier one for taxpayers, The South African Revenue Service introduced automatic assessments to simplify an individual’s tax compliance and eliminate the need to complete and submit personal income tax returns.
How will you know if you have been chosen to be auto assessed?
If SARS has chosen you to be auto assessed, you will be notified via SMS. The SMS will direct the taxpayer to eFiling or the SARS MobiApp. You can then either ‘accept’ or ‘edit’ the tax return. Data, which is provided to SARS by employers, financial institutions, medical schemes, retirement annuity fund administrators and other 3rd party data providers, is used to complete an auto-assessment. In the event that you accept your auto-assessment and if there is a refund due to you, the refund will be paid by SARS.
What you should know:
Reach out to our income tax consultants via firstname.lastname@example.org should you require assistance with your tax returns. Alternatively, give us a call on 011 672 0020.
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