With today’s post we hope to assist you with your online e-filing return, and answer any questions you might have. We hope you read last week’s post answering the basics, but if you have any burning issues, post your thoughts in the comments section below, and we will endeavour to assist you as quick as possible. Alternatively, connect with us on Twitter: @SageGroupZA

There are various ways to submit your tax return, one of which is online at www.sarsefiling.co.za. The process of online submission of your tax returns is termed e-filing, and the deadline for this is the 23rd of November 2012 for Non-provisional taxpayers, and the 31st of January 2013 for provisional taxpayers. E-filing is free and is the easiest and most convenient way to submit your return as it can be done from the comfort of your own home or office.

The steps to submit your return via e-filing are as follows:

  1. Register online for e-filing at www.sarsefiling.co.za to gain secure access to your own tax information. You will need to have on hand your tax registration number, your identity document number and a few other personal details to complete the process. Be careful to follow the instructions as you are able to register as an individual, a tax practitioner or an organisation, and this needs to be correct from the outset
  2. When you have completed the registration process, you will be directed to a page that is already populated with your personal information as well as your IRP 5 information from your employer (if you are registering as an individual)
  3. At this point you will be asked to complete a questionnaire on the first page of the ITR12 which will create the additional fields required to complete your submission
  4. Complete the second and third pages ensuring that your personal information is correct, and completing any fields that might not have inserted information already
  5. At this point you will need to declare you investment income or details of any additional income you made over the course of the tax year – this includes rental income of any sort.
  6. It is required that you outline your medical expenses if you paid your own medical scheme contributions as well as your retirement annuity and income protection payments. Also required is any travel-related claims against your travel allowance.
  7. Once you have completed all of the above, click on the button indicating ‘save online’, and then use the online tax calculator to get an indication of your assessment. When you’re ready to submit to SARS, click the ‘file’ button.
  8. Once submitted, you will receive an ITA34 Notice of Assessment within 48 hours of submission assuming your return was complete and accurate. This notice should indicate if you owe any money to SARS or if you should expect a refund.

If you need more detail, a step by step guide to e-filing is available on the www.sars.gov.za website. Alternatively, post your question below so we can assist! Happy e-filing!