All data is delayed
Loading...
See More

E-filing rises as more do tax returns

Nov 30 2011 15:18
I-Net Bridge
Pretoria - E-filing of tax returns to the SA Revenue Service (Sars) is becoming "easier" each year, Finance Minister Pravin Gordhan said on Wednesday.

He was speaking at a briefing in Pretoria where Sars announced the preliminary outcome of the 2011 tax season.

"SA has embraced e-filing as a culture of interaction between itself and Sars," the minister said.

"Some five million South Africans submitted returns and this is a fantastic achievement for our young democracy."

In 2011, 4.857 million returns were submitted compared with 3.945 million returns in 2010, an increase of 23.1%.

Sars also said that the on-time filing percentage rose to 83.16% in 2011 from 80.72% in 2010. Returns assessed within 24 hours rose to 98.36% in 2011 from 93.60% in 2010.

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The drop in inflation:

Previous results · Suggest a vote

Loading...