Share

Final deadline for tax returns looms

Johannesburg - Taxpayers have until Friday to submit their annual income tax returns, the SA Revenue Service (Sars) said on Monday.

"Friday's deadline will NOT (sic) be extended. Taxpayers who fail to meet this deadline will face administrative penalties that accumulate monthly for every month that a return is outstanding," Sars said in a statement.

The deadline applied to non-provisional taxpayers - or those whose source of income was a monthly salary.

So far, about 3.2 million returns were submitted to Sars since the start of Tax Season 2010 on July 1.

"Of this total more than 1.7 million returns have been submitted electronically via eFiling while Sars branch offices have assisted more than 1.3 million taxpayers to submit their returns electronically to date," Sars said.

Provisional taxpayers - people who have additional sources of income such as taxable interest - had until January 31, 2011 to submit their tax returns.

By the end of last week, Sars had received about 100 000 more returns than the corresponding period last year.

"For Sars this is a very encouraging trend in that more taxpayers are submitting tax returns early to avoid the last minute rush to Sars offices which has been a regular feature in the pattern of filing during previous years."

Sars will extend its services in various venues across the country this week to assist last-minute taxpayers. 

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.29
-0.7%
Rand - Pound
23.87
-1.1%
Rand - Euro
20.58
-1.2%
Rand - Aus dollar
12.38
-1.1%
Rand - Yen
0.12
-1.2%
Platinum
943.50
+0.0%
Palladium
1,034.50
-0.1%
Gold
2,391.84
+0.0%
Silver
28.68
+0.0%
Brent Crude
87.29
+0.2%
Top 40
67,314
+0.2%
All Share
73,364
+0.1%
Resource 10
63,285
-0.0%
Industrial 25
98,701
+0.3%
Financial 15
15,499
+0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders