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Important SARS Auto-Assessment Update. What Every Business Owner Should Know
SARS has officially begun issuing auto-assessments to South African taxpayers for the 2024/25 tax year.
If you’re a registered taxpayer (especially as a business owner, director, or contractor), it’s critical to check your eFiling or SARS MobiApp account.Auto-assessments are generated based on third-party data, but you’re still responsible for ensuring it’s accurate.
If something is missing, you could face penalties or missed refund opportunities.🔗 Read the full article here:
Important SARS Auto-Assessment Notice for TaxpayersHave you received your auto-assessment yet? Did it reflect your actual income and deductions correctly?
Let’s help each other stay compliant and informed.
businesstech.co.za
Important SARS auto assessment notice for taxpayers in South Africa
SARS has clarified the process for taxpayers to follow when they’re not happy with their auto assessment – as well as notices for provisional taxpayers and two-pot withdrawers.
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