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cc income tax returns for the 2011 financial year must be submitted to sars on or before
we wish our clients a merry christmas and a happy new year. please note telephonic
the new companies act has now been implemented introducing quite a few changes in the registrations of companies.
Extension - no penalties if you submit over weekend
SARS has announced that no penalties will be levied if
you submit your tax return before Monday the 23rd of November. See extract from the letter from SARS below
"We understand the concern of taxpayers and practitioners as reported to our Contact Centre regarding their ability to meet the looming deadline of 11.59pm tonight.
We would like to again draw the attention of all taxpayers and practitioners to the announcement made by SARS on 14 October 2009 in announcing the implementation of new administrative penalties for outstanding returns namely that:
1. Penalties will be only be levied from 23 November 2009
2. Provisional taxpayers in good standing with SARS (i.e. who have no outstanding returns for prior years) have until 28 February 2010 to submit their annual ITR12 income tax return for 2009-11-20
In effect, therefore, income tax returns submitted before 23 November 2009 will not be identified for an administrative penalty.
Regards
The National Tax Practitioner Unit"
USE OUR "TAX RETURN ONLINE SERVICE" THIS WEEKEND AND BE CERTAIN YOUR TAX RETURN WILL BE FILED WITH MAXIMUM DEDUCTIONS CLAIMED AND NO PENALTIES LEVIED.
OUR CONSULTANTS WILL BE AVAILABLE THE WHOLE WEEKEND TO ASSIST YOU WITH YOUR TAX RETURN.