The due date for non-provisional taxpayers who submit their income tax via eFiling or electronically at a SARS branch is 31 October.
Time is running out and SARS is cracking down on late lodgements and failure to submit returns.
The penalty amount that will be charged for late lodgement depends on your taxable income and, says SARS, “can range from R250 up to R16,000 a month for each month that the non-compliance continues.”
Treat this deadline seriously!
Disclaimer: The information provided herein should not be used or relied on as professional advice. No liability can be accepted for any errors or omissions nor for any loss or damage arising from reliance upon any information herein. Always contact your professional adviser for specific and detailed advice.