TaxFlash – Nolands

Tax News Flash

SARS MEDIA ANNOUNCEMENT
From SARS:

“Pretoria, 6 July 2017 – SARS would like to thank all those taxpayers who have already submitted their Income Tax Returns. As of 08:00 this morning 341 356 taxpayers have submitted their returns. The majority, 243 388 were submitted using eFiling, while 97 968 have submitted at a SARS branch.

It is important for taxpayers expecting a refund to note that SARS has this year implemented additional risk processes to ensure both the legitimacy and accuracy of the refunds paid. SARS has an obligation to both taxpayers as well as to the fiscus to ensure that fraudulent and invalid claims are stopped.

We are aware that taxpayers have an expectation that once they submit a return which results in a refund that this would be paid to them shortly thereafter. It must though be noted that such refunds can only be paid once all SARS processes have been concluded. SARS is committed to ensure that legitimate refunds are paid as soon as possible.”

-Nolands

Share:

Facebook
Twitter
Pinterest
LinkedIn
On Key

Related Posts

The Silent Tax Squeeze

How South Africans Are Earning More But Taking Home Less In the 2025/26 national budget, the South African government made a subtle yet impactful move,

Cracking Down on ETI Abuse

Since its launch on 1 January 2014, the Employment Tax Incentive (ETI) has played a vital role in the fight against youth unemployment in South

South Africa’s Wealth Tax Debate

As South Africa grapples with a growing revenue shortfall, discussions around implementing a wealth tax have resurfaced, sparking renewed concerns among taxpayers, economists, and financial

error: Content is protected !!