Dear Valued Client, SARS has announced the official dates for the 2025 tax filing season, and we’d like to ensure you are well prepared. Please take note of the following important deadlines: 📅Key Tax Filing Dates: 1. Auto-Assessments SARS will begin issuing auto-assessment notices between 7 July 2025 and 20 July 2025. 2. Individual Taxpayers […]
2025 Tax Filing Season Read More »
2025 is well on its way and with that come the inevitable end of the 2025 tax year and the start of the next one on 1 March 2025. Up and until the end of February clients can make use of the relevant tax benefits of retirement annuities and tax-free investments. What are the key
SARS has announced the dates for the 2024 filing season. The dates are as follows: Individual taxpayers (non-provisional taxpayers): from 15 July 2024 to 21 October 2024 for the submission of tax returns. Auto assessment notices: from SARS are set to be delivered from 1 – 14 July 2024. Individual taxpayers (provisional taxpayers): from 15
Tax deadlines for the 2024 filing season Read More »
Currently, section 20 of the Tax Act enables taxpayers to utilise the balance of their assessed losses from the preceding tax year, against their current… Background Currently, section 20 of the Tax Act enables taxpayers to utilise the balance of their assessed losses from the preceding tax year, against their current taxable income. Accordingly, taxpayers
Decreased Tax Rates & Restricted Assessed Loss Utilisation Read More »
You and SARS are entitled to have a difference of opinion This article, which was originally published in the May 2014 issue of Tax Breaks, has been updated to take later developments in SARS’ processes (and e-filing functionality) into account. YOU’VE GOT your tax return in on time, and your tax practitioner told you that
How to object to your income tax assessment Read More »