Taxpayers who fall within this category, and with assets above R50 million, are required to declare specified assets at market values on their 2023 tax returns. ![]() Provisional taxpayers with business interests are required to declare their assets and liabilities (based on cost) in their tax returns each year. For taxpayers who are auto-assessed, payment due date will be 30 days post Filing Season 2023 closing date.For taxpayers who are not in the auto-assessment population, payment due date will be 30 days after a notice of assessment has been issued,.This year, the payment due date for non-provisional eFilers will be adjusted as follows: This will give those in the auto-assessment population more time to file a return if they wish to edit their auto-assessments. This year, we are extending the 40 business days to coincide with the normal filing due date for non-provisional taxpayers, which is 23 October 2023. Last year, when the rule was first introduced, those in the auto-assessment population were granted 40 business days from the issue date of the auto-assessment to revise their return if they needed to amend their auto-assessment. SARS has made the following updates for the upcoming Personal Income Tax (PIT) Filing Season:Īligning the 40 Business Days Rule to the Filing Season End Date Provisional taxpayers: 7 July 2023 20:00 to 24 January 2024.Individual taxpayers (non-provisional): 7 July 2023 20:00 to 23 October 2023.Here are the dates and criteria for the 2023 Filing Season: Please be advised that in preparation for the opening of the Personal Income Tax Filing Season in July 2023, between the period of 2 June 2023 until the opening of Filing Season, there is a possibility that the prepopulated data reflecting within your Personal Income Tax or Provisional Tax returns requested via eFiling, the SARS Mobi application or via a SARS Branch Office during this period, will pre-populate but may not be comprehensive until Filing Season is officially opened to the public. Pre-population of ITR12 Third Party Data in preparation for the opening of Filing Season 2023.Taxpayers who qualify for this year’s Filing Season 2023 auto-assessment can now check whether they have been auto-assessed via the SARS Online Query Service functionality, click here. 1 July 2023 – Check your auto-assessment status.This enhancement aims to keep you informed so there is no need for you to phone the SARS Contact Centre or go to a SARS Branch office. You are now able to check the progress of your Personal Income Tax Return after submission. The tax deadline is also extended in Arkansas and Tennessee.The SARS Online Query System has a new feature called the Tax Return Status Dashboard providing Taxpayers, Registered Representatives and Tax Practitioners with a visual status of the progress of Personal Income Tax returns in terms of submission, verification/audit and refund processing. Additionally, due to a recent tornado in Mississippi, the IRS has extended the tax deadline in affected areas of the state to July 31, 2023.Taxpayers in affected areas of New York have until May 15, 2023, to file their federal tax returns. ![]()
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