Tech savvy consumers will benefit from new software tax tools that the South African Revenue Service (SARS) will launch for this tax filing season, which begins this week and ends in November. Those who submit their tax return online will be able to engage with SARS via the internet, their smart phone or tablets.
If you have trouble submitting your tax return but don’t want to go to a SARS branch to raise a query you can make use of SARS’ ‘Help-You-eFile’, which allows their agents to guide you over the internet while you are working on your eFiling profile. Tutorials on how to submit your Income Tax Return (ITR12) and scanning supporting documents are available on YouTube as well.
Users will also be able to file their individual income tax return via SARS’ mobisite through their cellphones. SAR’s guide said that users who go to www.sarsefiling.co.za with their mobile phones will be recognised and automatically routed through to the mobisite. Users with tablets and smart phones will also soon be able to make use of SARS’ eFiling App and submit their tax returns.
Taxpayers who still want to submit their tax returns manually by posting it or dropping it off at SARS’ drop box will have till the 28 September to complete their tax return. If you choose to complete your tax return in writing then you must call the SARS Contact Centre on 0800 00 7277 or visit a SARS branch and order your ITR12, which will then be posted to you.
Electronic submissions at SARS branches as well as those completed online can be submitted up until the 23 November. Meanwhile, provisional tax payers who submit their returns via eFiling have until the 23 January 2013 to submit their return.
Finance Minister, Pravin Gordhan, warned this week that there would be consequences, including legal processes and penalties, for those who did not submit their tax returns. SARS expects that over five million taxpayers will submit their income tax returns this year over the next five months. Last year, 4.86 million individuals and trusts submitted their tax return on time – 23% higher than the previous year.
SARS introduces new tax tools
Recent Articles
Featured 5 common money-saving mistakes and how to avoid them
If you diligently dedicate a portion of your income towards an appropriate savings vehicle, over time this will act as your financial safety net. So why then do so many people struggle to save?
Why you need to adapt your attitude towards money as you age
As you move through life, you will encounter different phases and interests, and your perspective will change. Where you choose to spend your money will change as a result. We have a look at the impact on your finances.
How to pay your bills on time and save your credit score
The most crucial factor in ensuring a good credit score is meeting your monthly payments – in full, and on time. But how can you guarantee you don’t miss any payments?
What are your financial responsibilities in the funeral of your employee’s family?
When your in-home employee loses a loved one, your heart will go out to them, and you may feel compelled to contribute financially towards the costs of the funeral. However, this comes with a lot of uncertainty. How much should you contribute?
Deals
Book 3 nights and get the 4th one free at Sun City
Price: Available on request
When: Until 30 June 2021
Where: Johannesburg
Bakwena Spa Mother’s Day Special
Price: From R849
When: Until 09 May 2021
Where: Western Cape and Gauteng
Spur Monday Special
Price: R60
When: Mondays
Where: Nationwide
Our suppliers and companies we review
