Your third provisional payment for the 2018/2019 tax year is due on or by 30 September 2019. This payment is voluntary, and you only need to make it if you have underestimated your tax liability for the 2018/2019 year. Don’t forget that making this third...
Individual provisional taxpayers need to submit their first provisional form and payment by or on 30 August. Companies with year ends in either February or August need to file their first or second provisional returns and payments also by or on 30 August. Other deadlines this month...
There are only run-of-the-mill deadlines for July – 5 July - PAYE submissions and payments25 July - VAT manual submissions and payments30 July - Excise Duty payments31 July - VAT electronic submissions and payments31 July - CIT Provisional Tax Payments where applicable. ...
“Death and taxes may be inevitable but they shouldn’t be related” (J.C. Watts Jr)” Tax season 2019 begins on 1 August (1 July for taxpayers who are registered for eFiling or have access to the MobiApp) and SARS has taken further steps to reduce the burden...
Firstly, there are no major deadlines in June but tax season opens in July, so make sure you have all your documentation ready for your 2018/2019 Income Tax Return. SARS and Tax Ombud Sign Cooperation Agreement to Improve Service Then there is some good news - a...
Your Employer Annual Reconciliation Declaration (EMP501) for the period 1 March 2018 to 28 February 2019 is due on or before 31 May. This relates to your monthly EMP201 declarations and IRP5s, IT3(a)s etc generated. Secondly the Department of Labour has extended the date for the...
There are only run-of-the-mill tax deadlines for November but companies need to take note of a new warning from SARS that it will be imposing administrative penalties from December 2018 for outstanding Corporate Income Tax (CIT) returns. Until now, penalties have only been imposed for...
The third provisional payment for the 2017/2018 tax year is due on or by 28 September 2018. This payment is voluntary and you only need to make it if you have underestimated your tax liability for the 2017/2018 year. However, don’t forget that making this third...
There are only run-of-the-mill deadlines this month. It is worth getting your filing and workpapers ready for your 2018 tax return as filing season opens in July. Tax Scams Be alert to yet more scams involving SARS, such as fraudulent emails which say you owe interest to SARS...
Your annual EMP501 reconciliation for the period 1 March 2017 – 28 February 2018 is due for submission by 31 May 2018, together with all Employees Income Tax Certificates [IRP5/IT3(a)s]. You can submit online via eFiling if you have less than 50 employees, or via e@syFile™...