EMP 501 payroll reconciliations to be lodged by all employers.
Third party data from banks, pension schemes, medical schemes, financial services, etc, will be collated and reviewed by SARS.
SARS will also interface with the Deeds Office and the Companies Register.
PHASE 2 – 1 JUNE TO 31 AUGUST 2020
Taxpayers are required to engage with SARS to ensure that their details are correct.
Taxpayers with a single IRP5 and no allowances/investments/medical/rental/retirement/etc. will receive auto assessments and be required to accept these assessments.
Individuals who are not required to file will be informed.
Individuals who are required to file during phase 3 will be informed.
Individuals who are required to file but have not been auto assessed may file under this phase as long as their 3rd party and employers are fully compliant with regard to PAYE debt.
PHASE 3 – 1 SEPTEMBER TO 31 JANUARY 2021
Individuals who are required to file will be reminded.
Non provisional taxpayers who have not filed before or do not accept the auto assessment are required to file before 16 November 2020.
Provisional taxpayers who have not filled before or do not accept the auto assessment outcome have until 31 January 2021 to file.
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