Crucial Tax Season Tips: Five Things You Must Know Before Filing

…By Roland Peterson for TDPel Media. To file your tax returns, you need an income tax reference number, a 10-digit number found on your IRP5.

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SARS eFiling offers a quick and convenient online process to register for an income tax reference number.

Once registered, you can use SARS eFiling or the SARS MobiApp for filing your tax return and making payments to SARS.

If you encounter any difficulties, you can contact SARS at 0800 007 277.

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Understanding Auto Assessment and Its Implications

SARS is currently sending SMS notifications to eligible taxpayers for auto assessments on their income tax returns.

If you receive an automatically prepared return and it is accurate, accepting it can result in a refund within 72 hours.

However, it is crucial not to accept an auto assessment blindly.

Incorrect information or accepting it for convenience could lead to penalties and hinder your chances of receiving a refund.

Submission Process for Non-Auto Assessed Taxpayers

If you have not been auto-assessed by SARS and have a straightforward income tax return, it is recommended to submit it to SARS eFiling as soon as possible.

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By doing so, you can receive your refund promptly and avoid potential system congestion as the tax season progresses.

Tax Relief Options for Non-Compliant Taxpayers

SARS offers tax relief through the Voluntary Disclosure Program (VDP) for non-compliant taxpayers.

The VDP allows taxpayers to disclose past irregularities and waive associated penalties.

This program serves as a lifeline for historically non-compliant taxpayers seeking to rectify their tax status.

Seeking Assistance and Making Appointments

If you require in-person assistance, you can schedule an appointment with a SARS agent.

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Contact the SARS Contact Centre at 0800 00 7277 and select option 0 to book an appointment.

Alternatively, you can make an appointment through the SARS website or via SMS to 47277 (iSARS).

Remember to bring all necessary supporting documentation to your appointment.

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