Tax season opens in a few weeks’ time with round one of 2024 SARS auto-assessment. But here’s why you should not just accept it out of hand …
– many will receive 2024 SARS auto-assessment notices. These will be sent via SMS or email to certain taxpayers saying an assessment has been automatically generated on their behalf., ahead of the start of tax season. Interestingly, this window is one-week longer than it was in 2023. However, if you receive one, the deadline has been extended to match the closing of non-provisional taxpayers.
Because of this, you MUST check the 2024 SARS auto-assessment. AI is clever but not foolproof. Therefore, do your due diligence before accepting or rejecting it. No one knows your tax situation better than you, and TaxTim offers a useful auto-assessment decision tree to help you through the process, click
If you’ve carefully gone through the 2024 SARS auto-assessment and believe it is inaccurate, or missing important deductions, simply click REJECT and submit your tax return as you would normally via. A warning, though, if you accept a 2024 SARS auto-assessment that you know to be incorrect, you will not be exempt from penalties or legal action.
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