Blog: January 2018

Outstanding Tax Returns

Individuals who filed personal income tax returns and found that they owe money to SARS are encouraged to make their outstanding payments by 31 January 2018. This is for taxpayers who filed their returns during the 2017 Tax Season. Acting SARS spokesperson, Mr Sicelo Mkosi expressed that taxpayers who fail to oblige with the deadline will face penalties, interests as well as criminal processes. Penalty charges range from R250 to R16 000 per month.