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Filing Season: What you need to know

Filing Season 2025: What You Need to Know

Filing season for individuals opens on 7 July 2025. Whether you’re a seasoned filer or new to the process, here’s a concise guide to help you stay compliant and avoid penalties.

  1. Who Must File?

You must submit a return if:

  • Your annual income exceeds R500,000
  • You earned from multiple employers or income sources
  • You received a travel allowance, rental, freelance, or pension income
  • You wish to claim deductions (e.g., medical, RA contributions)
  • You made a capital gain over R40,000
  • You own foreign assets over R250,000 or have CFC interests
  • You were requested by SARS to file a return

Exempt: If your total income is below the thresholds (e.g., R95,750 if under 65) and you have no other income/deductions, you may not need to file.

  1. What You Need to File

Gather the following documents:

  • IRP5/IT3(a) from employers
  • IT3(b)/(c)/(s) for interest, dividends, capital gains
  • Medical scheme tax certificates & proof of out-of-pocket expenses
  • Retirement annuity contribution certificates
  • Travel logbooks (if applicable)
  • Rental/business income records
  • Donation (Section 18A) certificates

Keep documents for at least 5 years.

  1. Auto-Assessments

Between 7–20 July 2025, SARS may issue auto-assessments using third-party data.

  • If correct, no action is needed.
  • If incorrect, submit an updated return by 20 October 2025.

Check via eFiling, MobiApp, WhatsApp (0800 11 7277), or 1347277#.

  1. Submitting Your Return

File via:

  1. SARS Verification & Audit

If selected for verification:

  • Submit documents via eFiling or SARS Online Query System
  • SARS must respond within 21 business days
  • Audits may follow if risks are detected, with outcomes issued in 90 days
  1. Voluntary Disclosure Programme (VDP)

Use the VDP if you:

  • Omitted income or made incorrect declarations
  • Want to avoid criminal charges and high penalties

Apply via eFiling before SARS initiates an audit.

  1. Understanding Your Statement of Account (SOA)

Check your balance or refunds via:

  • eFiling / MobiApp
  • SMS “Balance [ID number]” to 47277
  • USSD: 1347277#

If you owe SARS, options include:

  • Paying in full within 7 days
  • Requesting payment arrangements or suspensions (if disputing)

Unpaid debts may result in deductions from your salary/bank or legal action.

  1. Tax-Free Savings Accounts (TFSAs)

Returns are tax-exempt, but contribution limits apply:

  • Annual: R36,000
  • Lifetime: R500,000

Exceeding limits results in 40% penalties. Contributions are reported to SARS and usually prepopulated.

  1. Stay Compliant

To maintain good standing:

  • Submit all returns on time
  • Ensure no outstanding debts
  • Keep your personal info updated
  • Monitor your status via “My Compliance Profile” on eFiling
  1. SARS Contact Channels

 

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