YOUR DEADLINES FOR OCTOBER 2018 ARE:
1. The normal PAYE (5th) & VAT (31ST) deadlines.
2. Tax Season 2018
The 2018 Tax Season for Individuals is open for eFilers.
What are the deadlines?
The deadline for non-provisional taxpayers has been brought forward to allow more time for finalising audits before the year ends:
Tips for filing your tax return
You do not need to submit a return if ALL the criteria below apply to you:
Who is a Provisional Taxpayer?Any person who receives income (or to whom income accrues) other than a salary, is a provisional taxpayer. Most salary earners are therefore non-provisional taxpayers, if they have no other sources of income. It is important to note that receiving exempt income, as follows, does not make you a provisional taxpayer:
3. Employer Interim Reconciliation Submissions
The Employer Interim Reconciliation submission period is open from 17 September until 31 October 2018. During the Interim Reconciliation submission period, employers are required to submit an Employer Reconciliation Declaration (EMP501) and an interim Employee Income Tax Certificate [IRP5/IT3(a)s] for the six month period - 1 March to 31 August 2018. The interim IRP5/IT3(a)s must not be issued to an employee, unless it is a final certificate (where the employee has left the service of the employer or the employer ceased to be an employer on or before 31 August 2018).
Feel free to contact us if you need assistance with submitting any of the above returns.