Learning Centre

Your Tax Deadlines for July 2019 and Good News for Taxpayers

Firstly, there are no major deadlines in June but tax season opens in July, so make sure you have all your documentation ready for your 2018/2019 Income Tax Return.

SARS and Tax Ombud Sign Cooperation Agreement to Improve Service

Then there is some good news – a Memorandum of Understanding (MOU) has been entered into between SARS and the Office of the Tax Ombud (OTO).

In recent times, the OTO has been critical of SARS particularly in the area of tax refunds. The recent Nugent Commission of Enquiry into SARS was told of refunds being held back at year end to bolster revenue collections. In the last tax year, SARS increased VAT refunds by R38 billion to address this problem. SARS also released a Service Charter in 2018.

The MOU sets out a platform whereby each party can collaborate to mutually resolve issues. The Ombud has hailed this agreement as he believes it will speed up the resolution of taxpayer queries. At the same time both parties have stressed that the MOU will not affect their respective independence.

The agreement also covers other areas of cooperation whereby SARS will improve the flow of information to the OTO, will make key staff available to the Ombud in resolving taxpayer complaints and will assist the OTO with Human Resources, Finance and Procurement.

This MOU is a welcome step for taxpayers as faster resolution of complaints is clearly in their interests.

Don’t waste another second

with numbers that aren’t getting you to that business and life, you are longing for.

Contact Us

Need to make sense of your books?

Want your business to grow?

Want to rather focus on serving your customers?

We love meeting new businesses so please reach out.

Office

23 Akasia Avenue
Panorama
Cape Town
7500

Phone

+27 21 930 3850
+27 71 265 8148

Whatsapp

+27 71 265 8148