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All CIPC related Submissions
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The tax season 2019 for individuals is upon us. SARS tax year 2019 starts 1 July 2019, are you ready?
INCOME TAX RETURN (ITR12) IN RESPECT OF INDIVIDUALS
SARS Tax Year 2019 for Individuals
2019 Tax Year (1 March 2018 to end Feb 2019)
The tax season 2019 for individuals is upon us. SARS tax year 2019 starts 1 July 2019, are you ready? SARS have realized there is a mad rush once the tax season starts so they have started early with their notifications.
DO NOT forget to file your SARS tax return 2019, penalties for late tax return submissions are REAL and can accumulate quickly.
Taxpayers are required to submit a tax return to SARS in order that SARS can calculate their tax liability based on the income they declare and the tax-deductible expenses they have incurred for a year of assessment. In some cases they may result in a refund to the taxpayer.
When completing your return, have your supporting documents at hand. You may need to refer to some of the supporting documents listed below, while completing your return; however, you must not submit them to SARS. You must keep them safely in your possession for at least five years in case SARS needs access to them in future.
Invalid banking details according to SARS’ records can delay your refund. To prevent fraud, SARS is verifying many taxpayers’ banking details. In some instances SARS might require you to personally visit your nearest SARS branch to verify the change of your banking details. You will be notified in writing. Note that specific supporting documents will be required.
The special stopper placed on refunds can only be lifted at a SARS branch. You will need to provide SARS with proof of your residential address, a certified copy of your ID and bank statement not older than 3 months that is stamped by the bank.
Have a happy tax season 2019, it almost sounds like Christmas … for some it actually will be. For the rest Tax Break hopes to assist in making tax year 2019 better.
Frik has always helped my company out whenever we are in a crisis. He is honest and hardworking and always provides a fantastic service. He is knowledgeable with both accounting and tax issues and will go out of his way to sort problems.
Ornico (Pty) Ltd
Frik is very customer orientated and goes the extra mile to ensure customer satisfaction. He is never too busy to assist and has his client’s expectations in mind whenever he does work for his client.
Frik has assisted me from the establishment of my company and will definitively stay my accountant and confidant for many years to come.
Gantt Chart Project Management (Pty) Ltd
Frik was hired to do my personal income tax, he has been with me for so many years that it made perfect sense to continue with him when I started my own company.He is well-informed, trustworthy, reasonable and a great person to deal with. Frik understands my individual situation and is always at hand to provide solutions. I have recommended him to other companies who are just as happy with his services as I am!
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