Many private individuals are under enormous pressure when tax season comes around. These individuals need to supply the relevant documentation to the tax authorities that will support their claims and this process can be extremely complex as well as time consuming.
The South African Revenue Service has recognised that the private individual is under increasing pressure from work commitments and may not always able to meet the deadline for written tax returns. This has had the effect of SARS making provision for the eFiling of the income tax return. The eFiling of an income tax return can be undertaken by the private individual who can take advantage of the forms that can be found on the South African Revenue Service web site.
The provision for the eFiling of a tax return does not mean that supporting documentation related to the filing of the return may not be required by the tax authorities.
The onus is still on the private individual to provide all supporting documentation and relevant documents related to their financial activities for the tax year.
This process can still represent a challenge to those who are not familiar with either the language used by the tax authorities or with the use of the Internet and email systems. Although the deadlines for the submission of tax returns have loosened the timeous submission of the tax return and the documents that support the return is essential if the private individual is not to suffer harsh penalties.
The eFiling of an income tax return is still best handled by a professional tax advisor if the individual is in any doubt as to the procedures that have to be followed or the correct information that must be supplied with the tax return.
There are a variety of professional companies that specialise in the provision of tax services for the private individual, including the completion of a tax return that is to be submitted using the eFiling system and these services represent excellent value for money due to the fact that the individual will find that his or her filing is processed more quickly and that any refunds will be paid within a far shorter time than would be the case if the submission of the tax return as inadequate.
The Trouble Free Submission of a SARS Tax Return
Many private individuals can find themselves struggling to complete a SARS tax return within the time limits as stipulated by the South African revenue Service. They might also have difficulty completing the relevant documents fully or be able to supply supporting documentation as required by the laws and regulations that govern the submission of a SARS tax return.
Even those who make use of the facilities and processes for the eFiling of an income tax return can find the entire process extremely complex. For this reason many people choose to make use of a professional tax advisory service to handle to potentially complex filing of a tax return. The use of the services provided by professionals well versed in the complexities of filing a SARS tax return can pay literal dividends in the short and medium term.