How does auto-assessments work?
SARS has released a short tutorial video on what to do when you are auto-assessed by SARS.
The video covers the following changes made for the 2022 filing season:
- In previous years the taxpayer had to “accept” a simulated assessment before it became an original assessment, whereas for 2022, an auto-assessment means the original assessment.
- If you as the taxpayer agree with the auto assessment, you are done.
- A taxpayer who is auto assessed, but is not satisfied that the assessment is correct, must request an amendment by filing a return in the normal way, within 40 business days of the notice of assessment.
- SARS will then evaluate the tax return as a new assessment.
Find the video here.
15/07/2022