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South African Revenue Service implements new protocol for estimated assessments

|Tax Alerts, Information Reporting, Natio ...|South Africa
South Africa

  • This Alert outlines SARS’ new protocol for estimated (auto) assessments.

  • This process applies for tax returns mostly populated by third-party data.

  • No formal action is required if a taxpayer agrees with the auto assessment but it is important to take timely action to address issues with the data or to add data not provided by a third-party.

The South African Revenue Service's (SARS) 2021/22 tax fi…

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