As you are no doubt aware the tax return filing period for the 2019 tax year is already upon us. By way of reminder the key dates to finalise and submit your tax return are as follows:
- 31 October 2019 for SARS branch filing.
- 4 December 2019 for non provisional tax payers using eFiling or the MobiApp.
- 31 January 2020 for provisional tax payers who use eFiling.
SARS warns that non-compliance with the above deadlines can result in an “admin penalty” which can vary from R250 to R16 000 per month of continuing non-compliance depending on taxable income.