With South African tax season officially opening on Monday 15 July 2024 – and running till Monday 21 October 2024 – 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. 2024 SARS auto-assessment notifications will start going out from Monday 1 July , and will run until Sunday 14 July , 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. Therefore, Monday 21 October 2024 .
2024 SARS AUTO-ASSESSMENT Only certain taxpayers are eligible for the 2024 SARS auto-assessment, and it’s one of the ways the South African Revenue Service (SARS) predicts this season will be easier and smoother than ever thanks to improved AI technology. However, the tax experts at Taxtim advise that you DO NOT have to accept a 2024 SARS auto-assessment simply because you received one. Accepting it for convenience sake could negatively impact your chance of a tax refund.
Moreover, if the information contained therein is incorrect, you could even face a hefty penalty. HOW TO CONFIRM AN AUTO-ASSESSMENT 2024 SARS auto-assessments are generated automatically when the tax authority believes no additional input from the taxpayer is required. The assessments are based on data from your employer, medical-aid scheme and any rel.
