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accounting SARS Tax

Tax admin penalties

If you have a company, it is very important to ensure that the income tax returns are up to date at SARS. SARS has started giving penalties for all companies with outstanding tax returns.

How much are the penalties?

The penalty is R250 per month, per return outstanding. This means that the amount can accumulate quickly into a big SARS debt.

What if my company has not traded?

Companies have to submit tax returns, even if they have not traded. They have to declare on the tax return that the company is dormant.

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tax admin penalties

Home office expenses – Filing season 2022

If you have claimed home office expenses on your personal income tax return at SARS, chances are very good that the tax return has been selectred for audit.

SARS is very strict this year with relation to the expenses they allow. In most cases, they need a letter from the employer confirming that you are allowed to work from home, a photo of the workspace at home etc.

This leads to a delay in refunds being paid out. And in general, SARS is very slow with reviews and audits this year.

Contact us today if you need assistance with your tax audit/review.

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home office expenses
accounting SARS Tax

Provisional Tax – 31 August 2022

All companies with a February year end have to submit a provisional tax return before 31 August 2022 to avoid penalties. Sole proprietors also have to submit a tax return to SARS.

This provisional tax return, or IRP6 is based on the figures from 1 March 2022 to 31 August 2022. The company has to submit a return even if it did not trade during the period under review.

Let us submit your Provisional tax return

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provisional tax

Provisional Tax – 202301

All companies with a February year end have to submit a provisional tax return by 31 August 2022.

For which period is this provisional tax return?

This return will include the estimated income for the period ending 28 February 2023. This will be the first provisional tax return for the 2023 financial year.


It is important to note that you have to submit a return, even if the company did not trade during the period under review.

Contact us for more detail.

provisional tax August 2022

SARS – Contact details update

As we approach filing season, which starts on 1 July 2022, it is important to ensure that you have updated your contact details at SARS.

It is also important to make sure that SARS has your correct banking details. This will ensure that if a refund is due, it is paid into the correct account.

Creating a new tax profile, or transferring a tax profile, can only be done if the taxpayer’s details are up to date. Contact details, i.e. eFiling security details, can only be changed at a SARS branch or doing a telephonic appointment.

Contact us for assistance with updating your contact details now. And make sure you are ready for filing season.

SARS contact details

Transferring of tax types on eFiling

SARS has changed the way the transferring of tax types on eFiling works. Previously, the tax type had to be requested, and then after 5 business days, the taxpayer received an override code.

This has now changed. Taxpayers do not have to wait anymore. eFiling now gives taxpayers the option to immediately transfer the tax type using a one time pin.

It is very important to note, that the contact details of the taxpayer has to be up to date at SARS. This is because the one time pin is sent via sms or email. In the case of a company, a public officer has to be assigned by SARS. Click here for more details about how to appoint a public officer.

tax types

SARS turnaround times delays

Since January 2022, SARS have been problems with keeping up with their turnaround times.

How does this impact you?

The result of this is that everything takes longer to be finalized. This includes VAT audits, income tax audits, appointment of public officers, disputes etc.

SARS turnaround times

Remedial action

Unfortunately, there are a lot of processes to follow when SARS fails to stick to their turnaround times. The first step is to escalate the case number. After this, you need to wait again for SARS to act. The next step is to lodge a complaint with the SARS complaints department. Only after all of these processes have been completed, can a complaint be lodged at the SARS tax ombudsman.

This causes a lot of frustration for both tax practitioners and taxpayers. And the result of this is that it can take months to finalize a case.

If you need assistance with a case like this, do not hesitate to contact us.