Sars tax filing season set to commence in August

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Sars tax filing season set to commence in August
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The first phase of filing season 2020 was allocated to employers and other third-party data providers like medical schemes, retirement annuity funds and banks.

In a statement issued on Thursday, Sars said a significant number of taxpayers can expect to receive an SMS indicating that Sars has prepared their tax returns on their behalf and that a draft assessment is available on eFiling or Mobiapp to consider.

“Our country has faced the unprecedented demand for personal protective equipment, medical supplies, food and other financial relief to the poorest and most vulnerable among us, as well as the tax measures meant to provide relief to businesses in distress and save as many jobs as possible,” Sars said.

The next phase has now commenced, during which Sars will be validating third-party data, and following up on employers and others who failed in their duty to file their data to Sars on time. Taxpayers who, for example, have not yet received their IPR5 certificates, are advised to immediately approach their employers and insist that the IPR5s are issued to them.

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