The deadline for non-provisional taxpayers is 21 October; for provisional taxpayers and trusts, it is 20 January next year.The annual scramble to find all the relevant information necessary to file income tax returns for individuals and trusts is about to start. The South African Revenue Service has announced the dates for the start of Filing Season 2024.
Jenny Klein, principal associate in ENSafrica’s tax practice, and colleague Barry Knoetze advise taxpayers to carefully check the auto assessments to ensure that all their income is correctly reflected.They should also ensure that all deductions to which they may be entitled, such as contributions to retirement annuity funds, medical aid schemes, and any tax-deductible donations, are correctly captured.
The deadline for non-provisional taxpayers is 21 October; for provisional taxpayers and trusts, it is 20 January next year.Klein says taxpayers do not have to do anything if they agree with the auto assessment; they only have to pay any taxes owed before the due date or await any refund that may be due to them from Sars.
She also advises taxpayers who made use of the solar rebate of 25% of the cost of new and unused solar panels to declare it on their tax return.
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