02/07/2024
Tax season is has started! Here are some key dates and tips to keep in mind:
🗓️ Important Deadlines:
Auto-assessment: 1-14 July 2024
Individual taxpayers: 15 July - 21 October 2024
Provisional taxpayers: 15 July 2024 - 20 January 2025
Trusts: 16 September 2024 - 20 January 2025
🆕 Changes for 2024:
Join me on Tax Tip Tuesday to explore the updates!
📂 Organize Your Documents:
Gather essentials like IRP5 certificates, medical tax certificates, investment tax certificates, detailed travel logbooks, and more. Being organized reduces stress and ensures accuracy.
🔄 Keep Your SARS Details Updated:
Make sure your details are up to date for a hassle-free filing experience. This year, from 1 July 2024, SARS will issue auto-assessments to taxpayers. If you agree with your auto-assessment, there's no need to 'accept' it. Any refunds will be automatically paid into your bank account. Before 1 July 2024, check that we have your correct bank details and that you still remember your eFiling username and password.
PS. It is always best to make sure SARS received the correct information.
🤝 Get Professional Help:
If you need assistance to guide you, LVC-SA Accountants and Financial Administrators are here to help. We’ll make sure you get the most out of your return and navigate the tax process smoothly.