SARS: Almost 100% of its auto assessments are accurate – Moonstone Information Refinery

SARS: Almost 100% of its auto assessments are accurate – Moonstone Information Refinery

The South African Revenue Service says it auto-assessed 5.8 million taxpayers successfully from 7 to 20 July, and 99.6% of the automatic assessments have remained unchanged. Several tax practitioners questioned this statistic, saying their understanding is that auto-assessed taxpayers have until 20 October to correct their assessments if they detect errors or omissions. One practitioner, who did not want to be quoted, said the statistic is “misl…