Social media is full of South Africans wondering (pleading) where their refunds are, having been quick of out the blocks come July 1.
for individuals and will run until October 24 for those who file online.
However, there’s been a delay which we’ll get to in a moment. Before that, it’s worth watching this short video regarding the auto-assessment SARS provides for selected individual taxpayers. There has been a major change this year. If the taxpayer finds that there is missing and/or inaccurate information which may have affected the outcome, it must be declared to SARS within 40 business days of the auto assessment notification.
In other words, the clock is ticking and you can’t just leave it until the final few days to get your paperwork and submissions in order.Going through my tax return step by step is pretty harrowing but I don’t make many additional claims outside of what information is already available to SARS so it’s not too much work.
On the other hand, if you are submitting additional claims, getting help from expert consultants likeAnother thing – SARS takes no responsibility for an incorrect auto assessment.
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