Data provided by iNet BFA
Loading...
See More

Record returns submitted to Sars

Sep 20 2011 15:47 Sapa

Related Articles

Sars receives record submissions

Final deadline for tax returns looms

Sars receives 2.2m tax returns

Law fails taxpayers, warns expert

Thousands of tax payers file returns early

Should you do your own taxes?

 

Johannesburg - The SA Revenue Service (Sars) has received more than two million returns since the tax season began on July 1, spokesperson Adrian Lackay said on Tuesday.

This represented an increase of 16% on last year's figures.

"During last year's tax season, it took taxpayers 14 weeks to submit two million returns to Sars," said Lackay.

"In addition, it took just 10 weeks for one million tax returns to be submitted via eFiling this year, compared to 14 weeks last year."

Lackay said this showed the growing popularity of eFiling as a free, safe and convenient channel for interacting with Sars.

He said 98% of returns submitted were captured using Sars electronic filing platforms.

"Judging by the number of returns filed, the message to taxpayers to file early, honestly and electronically is getting across."

Lackay said Sars would set up service points at selected shopping malls and libraries around the country for the remainder of the tax season, to help taxpayers.

Selected Sars offices would also continue to operate on extended hours from 7.30am to 6pm on weekdays.

The deadline for postal submissions (paper tax returns) for provisional and non-provisional taxpayers is September 30. Taxpayers using eFiling have until November 25.

Provisional taxpayers who use eFiling have until Tuesday January 31, 2012 to submit returns.

 
sars  |  tax returns
NEXT ON FIN24X

Trapped under administration

2014-07-24 15:33

 
 
 

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
9 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

A cash flow crunch often occurs in small businesses trying to balance cash coming in with cash going out. Watch this video to help you improve.
 
 

Passive investment for retirement

The use of passive investment products, like Exchange Traded Funds, to deliver low-cost investment performance is taking off.

 
 

Start saving...

Time the key for retirement saving
Dummy's guide to saving
Save money with affordable account
All about endowments

Money Clinic

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