04 Jun 2019

SARS Introduces changes to filing thresholds for 2019 tax season

Pretoria 4 June 2019 – SARS have confirmed that taxpayers who meet all of the following criteria and earn R500 000 total employment income need not file a tax return:

  • They only receive employment income from ONE EMPLOYER for the full tax year
  • They have no other form of INCOME (e.g. car allowance, business income, and rental income, taxable interest or income from another job)
  • They don’t have any additional allowable tax related deductions to claim (e.g. medical expenses, retirement annuity contributions and travel expenses).”
What they don’t mention is that should you fail to file you forfeit your deductions so take note that you should check the possible outcome before choosing not to file a tax return. There could very well have been an overpayment of taxes or a deduction that you qualify for.
SARS have also confirmed that filing season will open for e-filers on 1 July 2019 and branch submissions on 1 August 2019. It is clear from the changes to these dates that SARS is keen to see more taxpayers make use of digital channels.
Another interesting change is the start of self-assessment simulations for the above taxpayers. Taxpayers who do not meet the above criteria will receive a simulated assessment based on the information available to SARS which they can accept or update and file with their changes.

Closing dates for filing season are:
  • 31 October 2019 for branch filing.
  • 4 December 2019 for non-provisional taxpayers who use eFiling and the MobiApp.
  • 31 January 2020 for provisional taxpayers who use eFiling.

The Full pre-season press release is available here: https://www.sars.gov.za/Media/MediaReleases/Pages/4-May-2019—Tax-season-2019-.aspx

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