Friday deadline for taxpayers to submit tax returns

South African taxpayers have until Friday 24 November to submit their tax returns.

The SA Revenue Service reported at the beginning of this month that some 4.5million taxpayers have filed returns, but last year some 6.6million taxpayers submitted returns, which means that there will be yet another last-minute rush to file returns.

CapeTalk's Kieno Kammies spoke to Mark Kingon Group Executive at Sars to find out how this tax season went.

ALSO READ: 8 easy steps to sort out your late tax return (It isn't too late!)

This year we are taking specific focus on carry forwards of retirement annuity contributions. When you have excess contributions from the previous year and it is carried forward to the next year we're checking those quite religiously this year because of risks...

Mark Kingon, Group executive for operational support at Sars

Kingon says about 23% of cases have been stopped for a review and the vast majority have been paid. He says the returns don't take too long to be paid.

To hear the rest of the interview, listen below:


This article first appeared on CapeTalk : Friday deadline for taxpayers to submit tax returns


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