SARS Income Tax Return Notice – Filing Season

The South African Revenue Service (SARS) has issued a notice regarding the filing of income tax returns. This notice, titled “Returns to be submitted by persons in terms of Section 25 of the Tax Administration Act, 2011,” is expected to be published in the Government Gazette on 3 June 2022.

Key Points:

1. Individuals with a single source of income:
– If you received remuneration from only one source and have no other allowances or benefits, you are required to submit an income tax return if your total remuneration does not exceed R500,000 and PAYE (Pay As You Earn) has been deducted according to the prescribed tax deduction tables.

2. Submission Deadlines:
– If you are not a provisional taxpayer, your income tax return must be submitted before or on 24 October 2022.
– If you are a provisional taxpayer and use the eFiling platform, your income tax return must be submitted before or on 23 January 2023.

Please note that the above points are a summary of the notice. For the full details, please refer to the attached notice.

Disclaimer:
All information provided by the Payroll Authors Group of South Africa (PAGSA) is subject to our disclaimer.

Reference:
SARS Income Tax Return Notice – Filing Season (to be published in the Government Gazette on 3 June 2022)