SARS is automatically assessing tax for some individuals

Taxpayers should only accept the auto-assessment if they are satisfied that their financial data has been correctly reported to SARS, and that they do not have any additional income, deductions, rebates or tax credits to declare.

If there are any mismatches between the taxpayer’s data and that reported by the third party, SARS will only accept the taxpayer’s version if the third party resubmits the information that matches the taxpayer’s version.

Taxpayers who aren’t sure whether their auto-assessed tax return is accurate should get advice from a registered tax practitioner.

LDC offers this service to check your return and submit amendments to SARS should need be.

For more information please read more on:

https://www.businessinsider.co.za/sars-may-auto-assess-your-tax-returns-2020-6