The South African Revenue Service (SARS) has announced the opening dates for the 2024 tax filing season! Mark your calendars – it’s time to gather your receipts and get filing!
Here’s a quick rundown of the key dates:
- Individual taxpayers (non-provisional): 15 July 2024 to 21 October 2024 (Shorter window this year!).
- Auto-assessment notices: 1 July 2024 to 14 July 2024 (Keep an eye out for this!).
- Provisional taxpayers: 15 July 2024 to 20 January 2025.
- Trusts: 16 September 2024 to 20 January 2025.
For individual taxpayers (non-provisional):
This year, SARS will be issuing auto-assessment notices to those with uncomplicated tax affairs. If you agree with the assessment, you don’t even need to take any action – it’s that simple! But always double-check the details before accepting.
Here are some tips to prepare for a smooth filing experience:
- Gather your documents: Make sure you have your IRP5/IT3(a) forms, medical scheme and retirement annuity certificates, and any investment income documentation.
- Review your SARS details: Ensure your banking information and eFiling login details are up-to-date to avoid delays.
- Explore your options: Consider using SARS eFiling or a registered tax practitioner for assistance.
Need more information?
SARS has a wealth of resources available on their website: https://www.sars.gov.za/types-of-tax/personal-income-tax/filingseason/
Don’t wait until the last minute! Get organized early and avoid the stress of a looming deadline. Remember, filing your taxes on time is not just your responsibility, but it also helps fund crucial government services.
