Important Reminder: SARS Income Tax Deadline For 2023
As we approach the end of the financial year, we would like to ensure that you are well-informed about the upcoming deadlines for filing your income tax returns with the South African Revenue Service (SARS).
Need to file for a tax return?
The 23 October 2023 deadline is for non-provisional taxpayers and the deadline of 24 January 2024 is if you are a provisional taxpayer. Who is a Provisional taxpayer? Any person who receives income (or to whom income accrues) other than remuneration, is a provisional taxpayer. Most salary earners are therefore not-provisional taxpayers, if they have no other sources of income. It is important to note that receiving exempt amount from a tax free savings account does not make you a provisional taxpayer.
SMS's from SARS regarding outstanding returns
If you have received a message regarding outstanding returns and the intended prosecution thereof, please do not respond or react, a follow-up correspondence will be sent out in this respect. In the meantime please ensure that your tax affairs remain in order.As Sars apologises for sms's
Deadline for Individual Taxpayers (Non-Provisional): October 23, 2023.
Individual taxpayers not on provisional tax system must submit income tax returns by 23 October 2023 to avoid penalties or delays since is so important that thier companies get to become complient.
Have you submitted your tax return your tax returns yet?
The 23 October 2023 deadline is for non-provisional taxpayers and the deadline of 24 January 2024 is if you are a provisional taxpayer. Who is a Provisional taxpayer? Any person who receives income (or to whom income accrues) other than remuneration, is a provisional taxpayer. Most salary earners are therefore not-provisional taxpayers, if they have no other sources of income. It is important to note that receiving exempt amount from a tax free savings account does not make you a provisional taxpayer.
