This year, SARS may ‘auto-assess’ your tax return
This year, the SA Revenue Service says it will assess “a significant number” of taxpayers automatically.
This means that it will complete your return with all the information it received for you – gathered from your employer, bank, medical scheme, retirement annuity administrator and other companies – and send you an assessment. If you accept it, you won’t have to file a tax return at all.
The auto assessments started last year, but this year a much larger group of taxpayers will receive already completed returns.
SARS will send you an SMS by end-August to alert you that your completed return is available in eFiling or on the SARS mobile app.
If you accept the assessment and a refund is due, it will be paid into to your bank account.
Source: businessinsider.co.za
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