Streaming issues? Report here
Just the Hits generic CapeTalk Just the Hits generic CapeTalk
Just the Hits
10:00 - 11:00
volume_up
volume_mute

Up Next: Inside EWN
See full line-up
Just the Hits
10:00 - 11:00
Home
arrow_forward
Business

Sars acting commissioner confirms over 5 million returns by deadline

2 November 2018 8:59 AM
Tags:
SARS
Tax returns
Mark Kingon

Acting Commissioner at SA Revenue Services, Mark Kingon, says they've paid just under R18 billion in tax refunds.

The deadline for submitting individual tax returns via e-filing was midnight 31 October and the revenue service has confirmed that 5.785 million returns made the deadline.

The Wednesday deadline applies to non-provisional taxpayers and those provisional taxpayers who opt to file at a branch.

Acting Commissioner at SA Revenue Services, Mark Kingon says they is a two percent increase on the use of e-filing and just under R18 billion in refunds have been paid.

The returns comprise the following:

• 4. 229 million returns by individual taxpayers (returns relevant to the current year)
• 1. 459 million returns by individual taxpayers filed during this Tax Season but relevant to prior years)
• 42 087 returns filed by trusts (returns relevant to the current year)
• 53 973 returns filed by trusts (returns filed during this Tax Season but relevant to prior years)

Read: Axed Moyane refused to avail himself to the Nugent Commission

What's been fascinating for me is to see the amount of people in our branches and that we have managed to condense the filing season because it used to go through to the second last week of November but we brought it forward to the end of October.

Mark Kingon, Acting Sars commissioner

We managed to get all the people in and our branches were quiet yesterday.

Mark Kingon, Acting Sars commissioner

We want to be giving a better service because in so doing we believe we are going improve the image of our organisation.

Mark Kingon, Acting Sars commissioner

To hear the rest of the conversation with Mark Kingon, listen below:


2 November 2018 8:59 AM
Tags:
SARS
Tax returns
Mark Kingon

More from Business

JSE Johannesburg Stock Exchange 123rf 123rfbusiness

Economy in 2021: 'Expect a better year for South African assets'

15 January 2021 3:02 PM

An economist expects China growth at 9.5%, US money-printing, rising metal prices and trade- and current-account surpluses in SA.

Share this:
Read More arrow_forward

Funky hipster retired older mature couple 123rf 123rfbusiness retirement

Retirement funds in SA are changing – new laws come into effect on 1 March 2021

15 January 2021 1:23 PM

Bruce Whitfield asks personal finance advisor Warren Ingram to explain in detail the new laws affecting provident funds.

Share this:
Read More arrow_forward

Germany german flag covid-19 123rf pandemic 123rfworld

Germany Covid-19 death rate now higher than US - considers 'mega lockdown'

15 January 2021 11:33 AM

Germany has squandered its early success in restricting Covid-19, laments Deutsche Welle Correspondent Chelsey Dulaney.

Share this:
Read More arrow_forward

Pouring red wine from bottle into glass with wooden wine casks winemaking 123rf

Wine industry runs out of storage due to ban - R1.5b's worth could be lost

14 January 2021 9:06 PM

A new harvest is imminent and there's no more space for unsold wine. We have the highest stock level ever - Vinpro's Rico Basson

Share this:
Read More arrow_forward

scam-alertjpg

Don't fall for promises of high returns from latest investment scam, warns FSCA

14 January 2021 8:19 PM

A new scam is surfacing on Facebook and WhatsApp groups. The masterminds are even using the FSP number of a legitimate company.

Share this:
Read More arrow_forward

Restaurant with spaced table for Covid-19 social distancing

'Thank you Mr President for not shutting us down, but we need more support!'

14 January 2021 7:35 PM

Loadshedding is another blow to the struggling restaurant industry. We need more relief says Grace Harding (Restaurant Collective)

Share this:
Read More arrow_forward

pick-n-pay-storefrontjpg

Pick n Pay announces retirement of CEO credited with retailer's turnaround

14 January 2021 6:41 PM

Richard Brasher will be replaced by Netherlands-born Pieter Boone in April. A retail expert evaluates Brasher's performance.

Share this:
Read More arrow_forward

business-closed-company-support-entrepreneur-owner-economy-123rf

Negotiations underway to bring back UIF Ters payments amid impact of second wave

14 January 2021 4:56 PM

Business and labour are pressing South Africa's government to introduce a new round of UIF Ters relief to mitigate the impact of the Level 3 lockdown.

Share this:
Read More arrow_forward

Elon Musk on the cover of Newsweek 123rfbusiness 123rf 123rflifestyle

Elon Musk threatens South Africa’s SKA telescope

14 January 2021 2:42 PM

Astronomers in South Africa are extremely unhappy about Elon Musk’s plans, says Jan Vermeulen of MyBroadband.co.za.

Share this:
Read More arrow_forward

200629-taxijpg

Prioritise drivers for vaccination against Covid-19 - National Taxi Alliance

14 January 2021 1:19 PM

It's a fact - minibus taxis are essential for the functioning of the economy. Lester Kiewit interviews Alpheus Mlalazi (NTA).

Share this:
Read More arrow_forward