SARS eFiling 2024/2025

So when I logged onto my dad's eflling it now says sars has issued an auto assessment and you can view it .

I understand you can dispute.it .there is an amount we have to pay( which is correct)

but if we happy with the auto assessment do we have to click somewhere to accept it ? So my can be officially done?
 
Needing some advice with my tax return.
I have a business registered with SARS and due to this, I need to provide details on an additional section. The business no longer has assets or liabilities as it is no longer running, therefore R0 to declare, however because the business is still registered I need to complete this section, including the personal assets and liabilities.

Now, in the last FY, I have made a loan from a family member for a house, this loan is interest free, and the house was put solely in my name. Must this asset and liability be declared considering this section also covers personal assets and liabilities? How does one declare a property value? Must any evidence be provided? Or do I declare the purchase price?
 
Bl4d3 said:
Needing some advice with my tax return.
I have a business registered with SARS and due to this, I need to provide details on an additional section. The business no longer has assets or liabilities as it is no longer running, therefore R0 to declare, however because the business is still registered I need to complete this section, including the personal assets and liabilities.

Now, in the last FY, I have made a loan from a family member for a house, this loan is interest free, and the house was put solely in my name. Must this asset and liability be declared considering this section also covers personal assets and liabilities? How does one declare a property value? Must any evidence be provided? Or do I declare the purchase price?
Click to expand...

Sadly, sars will see this as a donation.
 
zerocool2009 said:
Sadly, sars will see this as a donation.
Click to expand...
Technically, no.
The loan itself is not seen as the donation, but the interest itself thats not charged is seen as a donation. Therefore, a tiny interest fee can be charged, therefore waiving this donation. At least thats my understanding.

The loan agreement has been looked over by a tax lawyer.
 
Did my return this morning.
0 hiccups, everything went through as expected
 
Quickly asked my return ... Did it all, as per usual audited. Can wait for my little piggy bank to show in my bank account.

Done and dusted for 2025 (supporting documents uploaded)
 
Got my ITR12 this morning, filled in a few bits and pieces that I still need to confirm, sizeable refund calculated already partly due to being unemployed for 2 1/2 months of the tax year.
 
Tried to file this morning. I was blocked due to this message: Please note that this tax return was not processed because SARS issued a Tax Directive No. ---------, but there is no Lump Sum amount declared on the return.

I moved my RA funds from Ninety One to Sygnia and the Ninety One. Now to fight with Nnety One to rectify.
 
Waiting for that 10k refund, when I pay 100s of 1000s of rands in tax.:cautious:
 
Neuk_ said:
It worked first thing this morning but my latest calculation after updating some information is hanging longer than sleeve of wizard...
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Seems like the system is not calculating. Normally its like 1 minute and you have calculation results. Now it just seems stuck calculating
 
Does anyone know of an better or easier way to change contact details at SARS.

I no longer have access to my old email and cellphone number user to register for eFiling.

Currently on hold for over 40 min and number 856 in the queue
 
Went_For_Beer said:
Does anyone know of an better or easier way to change contact details at SARS.

I no longer have access to my old email and cellphone number user to register for eFiling.

Currently on hold for over 40 min and number 856 in the queue
Click to expand...
If you know your security questions then phone is the way. If you get your security questions wrong, then find a branch in a smallish town.
 
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