Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

Mad rush as Sars deadline nears

Nov 19 2009 07:55 Fanie van Rooyen

Related Articles

Sars: Take own tax responsibility

Sars extends office hours

Sars modernises tax, customs

 

Top Stories

Cell C move sparks price war

May 27 2012 11:21

There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.

MyCiti buses running at a loss

May 28 2012 07:53

The City of Cape Town has spent R175m running the Myciti bus service since the Soccer World Cup compared to an income of R35m, a report says.

Another golf estate victim

May 27 2012 13:09

The oversupply of golf estates has claimed another victim.

 
Share Share line Print

Cape Town - Long queues comprising hundreds of people, still waiting to submit their tax returns before the deadline on Friday, stood outside the offices of the South African Revenue Services (Sars) in the Pretoria CBD on Wednesday.

This was also the case at various other Sars offices across the country, said Sars spokesperson, Adrian Lackay, on Wednesday.

"Since July this year, we've already received tax returns from 3.2 million tax payers, but most people wait until shortly before the deadline to submit their returns - so long queues start forming in the last week."

He said the number of tax returns still outstanding is still unknown. This will become clear once the deadline has passed and Sars starts issuing fines to those who failed to submit their returns in time.

Tax payers who are guilty of doing so, should expect stern action and in some cases large fines, said Lackay.

"There is no fixed fine for each late submission of a tax return. People will be fined individually for the amount of returns outstanding, as well as for the amount of outstanding tax."

Thus if you haven't submitted your returns for over a year and you owe Sars a large amount of tax, you should expect a large fine.

All Sars offices have extended their office hours for Wednesday, Thursday and Friday. They are open from 07:00 to 18:00 to assist people with their tax returns.

Sars' national call centre will be available on Thursday and Friday evening until 20:00.

"People should keep in mind how many calls we receive, and understand that they'll simply have to be patient," said Lackay.

On Monday the staff at this call centre answered 47 595 calls altogether. Most of these concerned enquiries regarding the correct use of e-Filing - the electronic submission of tax returns.

Lackay said fines will be issued from Monday to people who haven't submitted their returns.

Although the recession has had a clear impact especially on the amount of VAT received by Sars, thus far, more people have submitted their tax returns than during the same period last year.

"We'll only know after November 30 the exact number of people whose returns are still outstanding, and what effect the recession has had on tax returns this year."

- Beeld

 
 
Comment on this story
0 comments
Comments have been closed for this article.
It pays to know the cost and what you’re getting in return
May 28 2012 09:33

Investors may not have a clue what they’re paying their money managers or they type of service they’re getting, or, whether they can actually negotiate lower fees. (Reuters)

Sasha

"In the short term this is true, Greece will dominate the headlines on a day to day basis, until their next elections when there would be some clarity to answer the question, "What next for Greece?" Amazingly everyone except the politicians seem to be lining themselves up for worst case scenario, b... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

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

Loading...