SARS Income Tax Auto Assessment 2023 - What You Need To Know!

[@4x4ViewFinder]

Thanx Heinrich. Will be in touch about our Tax returns. Great video explaining the changes.

[@SAAccountingNetwork]

Very welcome

[@joshuagxekwa]

You are the best in the businesses 🙌

[@SAAccountingNetwork]

Thank you 🙏

[@keatonopc]

Great video, thank you !

[@SAAccountingNetwork]

Glad you liked it!

[@CoachJurieW]

thanks for sharing the finer details Heinrich

[@SAAccountingNetwork]

My pleasure!

[@oupaappies932]

Thanks for the video there is a question on VDP & when your response is No it doesn't accept on return questionnaire & how one has to respond

[@SAAccountingNetwork]

kzbin.info/www/bejne/hKuTpmuBppKonbc

[@yolandagcanga5540]

Thank you so much for these videos, they are very helpful.

[@SAAccountingNetwork]

My pleasure 🙏

[@fezilehhhhhhhhhhhhhh]

@@SAAccountingNetwork afternoon, if I have income investment does that mean I won't be able to fill my tax??

[@coeniejvr]

i got 3 questions. 1. I was unemployed for about 5 months as i was studying, now my mom helped me paid my debt and paid money into my account, let's use a example of R3000 every month. So if the bank send data to sars they will see that as a income, meanwhile that was money my mom borrowed to me untill i can pay her back. Will i need to declare that on the itr12 and where do i declare that? or do i just leave it out until they ask questions. 2. Sorry but my last tax practitioner i had charged me R2000 to do the job, yet to find out he accepted the auto assessment and did not declare half my stuff i gave to him. So basically the question is when you as a tax practitioner file the tax, do you login with your own login details or not to access and submit my tax return? Now my Tax practitioner i had used my login details everytime and i feel that it's wrong as when there's a problems sars comes back to me and not the Tax practitioner that filed the tax return. 3. Business side, who does your business financials for your business, is it the accountant or the auditor? Thanks

[@siyandaselluleko9417]

Your 1st question is very important.

[@SAAccountingNetwork]

kzbin.info/www/bejne/hKuTpmuBppKonbc

[@ziphosamuel2441]

Hi. I just got the auto assessment. I would like to know what does it mean to have payable tax that is equal to your rebate, resulting to assement summary of zero rands? I anticipated that the refund has been processed already so we no longer owe each other with SARS. So I should expect the rebate in 72 h maximum. Please balance me Incase am missing something

[@SAAccountingNetwork]

I think you are on the right trahc, if its says zero then its a good sign that you dont owe them money

[@elriconero9802]

Thx heinrich.i will call you in the future

[@SAAccountingNetwork]

kzbin.info/www/bejne/hKuTpmuBppKonbc

[@adrianbenjamin8914]

Great clarification and brack down. Im having the problem of uploading my years of unemployment. All the other information is filled and put in by my work but im not sure how i should continue. I am a sessional worked and always at the same work for the past 5 years. I have all my start and end off work dates but don't won't to fill in any information that in not sure on. Could you please help me with some advance.

[@SAAccountingNetwork]

kzbin.info/www/bejne/hKuTpmuBppKonbc

[@johannaetrishamorgan6850]

Thank you really appreciate so helpful 👌

[@SAAccountingNetwork]

Glad I could add value 🙏

[@BukelwaDeliwe]

Good morning day Henriek I did the ussd and it says Sars owes me then i made a booking last week already , haven't receive and massege what can i do

[@SAAccountingNetwork]

kzbin.info/www/bejne/aHK1l2SLZ7t9adE

[@morneymostert4794]

Ive been issued an auto assessment On efilling. Where and how can I claim the solar pannels on the forms on efillinf?

[@SAAccountingNetwork]

Only in next year's return, which will cover the period March 23 to Feb 24. The solar tax incentive is not applicable to the 2023 tax year.

[@kimeshininaicker1334]

Thank you for this. Just a question. I have changed to a new RA which will only reflect in 2024 IRP5 form. Do I need to update this information next year or will it automatically populate for me?

[@SAAccountingNetwork]

kzbin.info/www/bejne/hKuTpmuBppKonbc

[@natashasingh5056]

Thank you

[@SAAccountingNetwork]

You're welcome

[@soundsofpeace6468]

I've never ever checked with Sars, should I ? How and when ?

[@SAAccountingNetwork]

kzbin.info/www/bejne/aHK1l2SLZ7t9adE

[@Melharts]

Are contractors calculated in the same

[@SAAccountingNetwork]

kzbin.info/www/bejne/pXragJaYr7SqgLs

[@robinmountford5322]

SARS is asking for a return from 2007 and I am sure at that time I had submitted on paper. How on earth do I submit a return when that data has long been discarded? They ask me to declare all info on the return is accurate and therefore I cannot submit since I don't know if the information is accurate.

[@SAAccountingNetwork]

Best is to make an appointment with SARS to file the returns, you will get a reference number to upload documents before the appointment, then go do an affidavit stating you only kept records for 5 years. The downside of this is that you are at the absolute mercy of SARS as they are the only ones who then has any records. maybe reach out to the guys at Tax Consulting SA, they normally do a free first consultation - it would be wise to get advice from them as well as they are tax lawyers - www.taxconsulting.co.za/

[@robinmountford5322]

@@SAAccountingNetwork Thank you.

[@ThamiNdlalane]

Thanks bro!

[@jasperbasson]

🔥🙌

[@SAAccountingNetwork]

Dankie Jasper!

[@sharmlanaidoo6708]

Well SARS completed the auto assessments and paid the funds into my account before even sending any notice that I was selected for auto assessments. I cannot even access the assessment to check if it is correct. Not impressed.

[@SAAccountingNetwork]

kzbin.info/www/bejne/hKuTpmuBppKonbc

[@nevillepietersen9690]

Why can't sars tel me why do i ow then

[@Nokuthula_fitness]

I will wait here with you for an answer , because I would also like to know how do I awe them when they’ve been taxing me the whole year

[@SAAccountingNetwork]

kzbin.info/www/bejne/aHK1l2SLZ7t9adE

[@SAAccountingNetwork]

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