Tax payers get one day's grace
By Megan Hartogh
South African taxpayers have been given one extra day to submit their tax returns. This come as the South African Revenue Service extends the July 14th deadline to Saturday, July 15th. However, taxpayer’s will only have until 12:30 P.M to hand in any outstanding returns. According to reports, the extension was granted after SARS “experienced long queues throughout the country.” All tax return submissions that were made on Saturday will be handled as though it was submitted by Friday’s deadline. However, SARS commissioner, Pravin Gordhan, says that there will be no further extensions for South Africans to make their tax return submissions, and that those handing in late submissions will receive penalties. Gordhan says that the penalties will depend on how many returns the person and outstanding and on how late they were in submitting those returns.