taxpayers | Fixed Accounting

By: Accountkeeper  12-08-2011
Keywords: Tax returns

SARS eFiling was launched in 2003 as a free online replacement process for the manual tax return submissions. This free service allows individual taxpayers, tax practitioners and businesses to register for free and submit tax returns, make payments and perform a number of other interactions with SARS in a secure online environment.

The eFiling service is on a par with international standards, being comparable with services offered in the US, Australia, Singapore, Ireland, Chile and France.

SARS has seen eFiling in South Africa grow significantly since it was initiated. For the 2009 tax year, more than 2.7 million individual tax returns were submitted through eFiling and annually over 7.5 million returns are submitted by businesses and practitioners.

Keywords: Tax returns

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Why would SARS offer you a New Tax System if they were going to make less money. Remember the saying: When it sounds too good to be true. Small CC business turning over R999 999 per year. R33 430 is the ONLY TAX this business pays.