SARS Income Tax Return Notice – Filing Season for 2022 Tax Year

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 One Source of Income for the 2022 Tax Year:
– Individuals who received remuneration from only one source and do not have any other allowances or benefits are required to submit an income tax return.
– However, they are exempt from filing if their total remuneration does not exceed R500,000 and PAYE (Pay-As-You-Earn) has been deducted according to the prescribed tax deduction tables.

2. Filing Deadlines for the 2022 Tax Year:
– Non-Provisional Taxpayers: Income tax returns must be submitted on or before 24 October 2022.
– Provisional Taxpayers using eFiling: Income tax returns must be submitted on or before 23 January 2023.

Please note that the above points are a summary of the notice.

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

Reference:
– “Returns to be submitted by persons in terms of Section 25 of the Tax Administration Act, 2011” notice by SARS. (To be published in the Government Gazette on 3 June 2022)