South Africa Sees Significant Rise In Tax Returns
Wednesday, December 2, 2015
The South African Revenue
Service received 5.94m tax returns by the end of the 2015 filing season
for non-provisional taxpayers on November 27, which was 11.52 percent more than in 2014.
number includes returns for individuals and trusts, and prior year submissions. The level of
compliance for taxpayers filing on time exceeded 90 percent for the third consecutive
Announcing the preliminary results, Acting Commissioner Jonas Makwakwa said: "No doubt this is a
significant achievement. We encourage taxpayers who have not yet submitted their
returns to do so and join the majority of taxpayers who did so."
By the November 27 deadline, a total of 4.2m tax returns had been submitted
by individuals. In addition, 1.69m outstanding returns from prior years had
been received – an increase of almost 680,000 returns over the previous
99.96 percent of returns were filed electronically, either via e-filing (almost
52 percent) or through electronically assisted filing at a SARS branch or mobile
tax unit. There were fewer than 2,000 manual returns filed.
SARS paid out 1.82m refunds worth ZAR15bn (USD1bn).
More than 95 percent of these refunds were paid within 72 hours.