Provisional Taxpayers & Trusts
YOUR 2022 TAX DEADLINE IS 23 January 2023
We know that tax returns are not high on your priority list over the festive season, which is why we are asking for your information as soon as yesterday. The deadline for these complex returns is now a week earlier and barely a week after many people return from leave.
To ensure that we have your return submitted before this deadline, we need your information before 24 November 2022.
This information includes:
Supporting documents such as IRP5s, IT3s, medical aid and retirement annuity contribution certificates, and travel logbooks.
The figures you provided on the provisional tax return that was submitted in February should contain most of your income and expenses for the period (being 1 March 2021 to 28 February 2022).
This means that you only need to review these figures, correct any estimates to actual amounts and check that all amounts have been included.
For a full list of documents and information that may apply to you, click here.
Various templates, including the declaration we require, can be found on our website, which you can easily access using this link.
Before we proceed with your return, please ensure that you have settled all outstanding invoices with us.
NOTE: Returns filed late are immediately penalised by SARS and can be as much as R16,000.00 per month.
Company Tax Returns
The deadline for most companies is 28 February 2023
or 12 months after the company financial year end, if not February.
If you have your company financials, please send them as soon as possible.
Please assist by sending the signed financials by 28 November 2022.
For a full list of requirements, click here.
The declaration we require can be found here.
Please note: our offices will be closed from the 16th of December to the 2nd of January.
We are aware of provisional taxpayers receiving SMS's/communication from SARS stating your return was not submitted for 2022 and require you to submit before 29 November - if you have received any communication in this regard, please contact us.