SayPro Tax Submission Deadlines

Tax Submission Deadlines for SayPro

In South Africa, businesses and individuals must submit tax returns and payments to the South African Revenue Service (SARS) according to specific deadlines. These deadlines depend on whether the taxpayer is registered as a provisional or non-provisional taxpayer, as well as the taxpayer’s financial year-end. The key deadlines are:

1. Provisional Taxpayers: Provisional taxpayers are those who are self-employed or who earn income that is not subject to withholding tax (e.g., freelance workers, small businesses, and some professionals). These taxpayers are required to submit tax returns twice a year — once before the year’s end and again after.
   • First Provisional Return: This is typically due six months into the tax year, and the deadline is usually August 31 of the tax year.
   • Second Provisional Return: This is typically due at the end of the tax year. For example, for the 2024 tax year (which runs from March 1, 2023, to February 29, 2024), the second provisional return would be due by January 31, 2025.
   • The deadline for payment of provisional tax is typically the same as the filing date.
2. Non-Provisional Taxpayers: Non-provisional taxpayers are individuals who earn all their income through salaried employment or pension payments where tax is already deducted at source. These taxpayers are required to submit an annual income tax return (ITR12) once per year.
   • The deadline for filing this return typically falls on November 21 of each year. However, this date may be extended depending on the individual’s circumstances and if filing via eFiling.

SARS Tax Deadlines for 2024

For taxpayers with a financial year ending on February 29, 2024, the tax filing deadlines are as follows:

• Non-Provisional Taxpayers: These individuals must file their returns by October 21, 2024, unless they file using eFiling, in which case the deadline may be extended.
• Provisional Taxpayers: These taxpayers must submit their final return by January 20, 2025.

SARS eFiling Training Workshops

SARS provides numerous resources and workshops for taxpayers to learn how to use their eFiling system, which is essential for efficient and accurate tax filing. The eFiling system allows taxpayers to submit tax returns online and makes the filing process quicker and easier.

1. SayPro SARS eFiling Training Workshop

SayPro offers regular SARS eFiling workshops aimed at helping taxpayers understand how to use the SARS eFiling system. These workshops provide essential guidance on filing taxes, completing tax returns accurately, and ensuring compliance with the latest SARS regulations.

• Training Content:
  • Introduction to the SARS eFiling system.
  • Step-by-step guidance on how to submit your tax return via eFiling.
  • How to handle provisional tax returns, including making payments.
  • Understanding and managing different tax forms.
  • Troubleshooting common errors and issues in the eFiling system.
• Key Benefits:
  • Learn how to navigate SARS eFiling quickly and efficiently.
  • Receive advice from experts on common tax issues and mistakes.
  • Access resources that help you file your taxes on time and avoid penalties.
  • Understand the latest updates and changes to tax laws in South Africa.

The monthly eFiling workshops are typically scheduled for different dates in a month. The March 2025 workshops, for example, may cover updates for taxpayers ahead of their year-end tax filing in 2025.

2. SARS Webinars and Additional Training

SARS also hosts various online webinars that can be beneficial for both individuals and businesses looking to learn more about their tax obligations and how to use eFiling. These webinars are often free and available to a wide audience.

For example:

• Webinar on Business Deregistration: SARS is hosting a webinar on March 6, 2025, focused on the SMME Business Deregistration Process. This session will help small businesses and individuals understand the process of deregistering from SARS.
• eFiling Troubleshooting & Enhancement Skills Webinar: Scheduled for March 11, 2025, this session will delve into the finer points of the eFiling platform, helping you resolve common issues and enhancing your filing skills for faster submissions.

How to Register for Training Workshops

To register for workshops or webinars:

1. Visit the official SARS website (www.sars.gov.za).
2. Navigate to the Taxpayer and Trader Education section.
3. Check for available webinars and workshops.
4. Register for the event of your choice. Keep in mind that some sessions may require prior registration and availability may be limited.

Alternatively, you can sign up with SayPro for their ongoing eFiling training sessions, which often offer tailored guidance to both individuals and businesses looking for more personalized support.

Conclusion

For SayPro and other taxpayers, it is essential to stay updated on the SARS deadlines for tax filing to avoid penalties. Whether you are a provisional or non-provisional taxpayer, knowing the deadlines will help you stay compliant with South Africa’s tax regulations. Additionally, participating in SARS eFiling training workshops ensures that you understand how to use the online system and file your taxes effectively. Regularly checking for training workshops or webinars will help you manage your taxes with ease and keep up-to-date with any changes in the tax system.