31 January 2018 – Provisional Taxpayer deadline – Final countdown
Pretoria, 31 January 2018 – The South African Revenue Service (SARS) reminds individual provisional taxpayers that 31 January 2018 is the deadline for individual provisional taxpayers to submit their annual income tax returns (ITR12) through eFiling. Late submission could lead to penalties being charged.
A provisional taxpayer is any person who receives income, or to whom income accrues, other than a salary. This includes persons who receive rental income from a property, taxable interest income from investments or other income from a trade.
Taxpayers are reminded that channels such as the SARS mobisite, available at www.sarsefiling.mobi, are available for easy filing via one’s mobile device. For assistance with the submission of a return via eFiling, taxpayers can call the SARS Contact Centre on 0800 00 7277.
Payment deadline for taxpayers
Today is also one of the important payment deadlines for individual taxpayers who filed their income tax returns last year and received an assessment showing that they owe SARS money.
Midnight is also the cut-off after which interest will be incurred.
Payments can conveniently be made through eFiling or electronic funds transfer (EFT). For EFT payments the standard drop-down list of beneficiary IDs should be used. Payments can also be made over the counter at a bank.
Taxpayers are reminded that no cash payments are accepted at SARS branches.
Payment arrangements
Taxpayers in financial difficulty can approach SARS to defer payment or pay in instalments within qualifying criteria. Taxpayers should bear in mind that they will have to discuss their financial position honestly and openly with SARS.
For more information on payments, taxpayers can call the SARS contact centre on 0800 00 7277 or visit a SARS branch.