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Why SARS May Reject Your Tax Return?

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SARS May Reject Your Tax

You’ve filed your tax return as a good tax-compliant citizen should, and you think it is all done and dusted. Then you get a notification from SARS saying there’s something wrong! Now what? Today we look at the common reasons for rejection of a filed return and how to resolve these issues for a smooth and compliant tax filing process. Don’t worry; most issues are easy to solve and simple in origin, and you’re not ‘in trouble’ with the tax man just because of a rejected return. Let’s take a closer look. 

Why SARS May Reject Your Tax Return

If SARS believes there is a problem with your tax return as filed, instead of a ‘notice of assessment’, you will get a notice of rejection and the opportunity to correct and refile the return. One of the most common reasons for rejection is an error in your ITP5 (sometimes IT3(a)) from your company. If that doesn’t match with your earnings, SARS will believe they are due money you are not declaring. This you likely need to fix with your employer before resubmitting the return. 

Additionally, any incomplete or inaccurate information may trigger a rejection. This includes missing or incorrectly entered details such as your personal information, ITP5s and other income declarations from third-parties, your own declared income, entered deductions, or tax credits. Of course, if they believe you have failed to report income, claimed unauthorized deductions, or engaged in tax evasion, they will also reject the return.

If you have outstanding tax returns from previous years, SARS may reject your current return until you’ve filed and settled those outstanding returns. However, it is much more likely they will accept the return, but not issue any refunds until all other tax documents are up to date. If you were auto-assessed after 2020 but didn’t complete the return filing within the 40-day window, you may also get rejected.

SARS may request supporting documentation to verify the information in your return. While this in itself will not cause a rejection, failure to subsequently provide the requested documents will lead to rejection.

Of course, there are always good old technical errors, too. This could be corrupted or password-locked supporting documents or simple issues with the system. If you file close to the deadline, you increase your risk of technical errors occurring due to the system getting overloaded, so try to be timely.

How Do I Fix My Rejected Tax Return?

Luckily, most of the reasons your tax return could be rejected are pretty easy to fix. Be sure you carefully review the notice of rejection provided by SARS. It will tell you their reasons for the rejection. So it also lets you know how best to fix the error, too.

In most cases, a rejected tax return is solved by fixing errors/inaccuracies in your tax return that they have noticed. Double-check all your information, from personal details to income, deductions, and credits. Make sure they match the information on your supporting documents, too!

If SARS requests supporting documentation, ensure you have the necessary documents ready. These may include bank statements, invoices, receipts, and any other evidence related to your tax matters. Simply upload them where indicated on the system, and you should be good to go.

Once you’ve made the necessary corrections and gathered the required documents, resubmit your tax return to SARS. You can do this through eFiling or by visiting a SARS branch in person. Remember that you can also request a return to correct if you spot an issue on your side too.

How Do I Resubmit My Tax Return to SARS?

Resubmitting your tax return to SARS is easy. Log into your eFiling account on the SARS website, and head to ‘returns issued’ (for very current returns) or ‘returns history’ for older forms. It may still be showing as ‘unfiled’, in which case you can continue editing the document. Otherwise, you will ‘request for revision.’ This will give you a ‘new’ version of the form, populated with the original details, to correct. Make all the corrections you need, then click ‘submit’.

If supporting documents were required, you should be directed by the notice as to where to upload these. Attach each file separately in a supported format, then click submit.

Keep an eye on your eFiling account for updates regarding the status of your resubmitted return. SARS will communicate the outcome through the eFiling platform in the ‘notices’ section.

How Do You Know If You Are Being Auto-Assessed by SARS?

SARS may auto-assess taxpayers with simple and consistent returns or where they believe they have all information about your financial circumstances. You can check if you are eligible for auto-assessment on their page. Alternatively, they will send you a notice informing you of your auto-assessment via email and SMS, and you will see it on eFiling too. 

Always carefully check the auto-assessment to make sure it is accurate and true and that no deductions due to you (or income sources) have been missed. If you believe there are mistakes, you can reject the assessment and correct the form. Remember, you only have a short window to do this in, so act as soon as you are notified! 

How Do I Know When SARS Will Refund Me?

If you are entitled to a refund from SARS, this will show on your ‘notice of assessment’. The timing of SARS refunds can vary, but they suggest a window of 21 working days or a rough calendar month. Remember that, in some cases, SARS may conduct additional verification or audits before issuing a refund. This can delay the refund process. If selected for an audit, SARS will notify you. Ensure that your bank account details are accurately provided in your eFiling profile. Any errors or discrepancies in your banking information can result in delayed or even lost refunds, so keep these up to date. If you have outstanding tax liabilities or debts to SARS, any refunds may be offset against these amounts.

While seeing that your return is rejected by SARS is scary, don’t panic. In almost all cases, it is simply a matter of correcting the erroneous information and refiling the return. 

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FNB: Graduate Internships 2024

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FNB: Graduate Internships 2024

First National Bank (FNB) invites South African unemployed graduates Internship Programme 2023 / 2024.

Internship Application Closing Date: 22 January 2024

Internship Location: Johannesburg, Gauteng

Role Purpose: To participate in on the job training by attending meetings, shadowing staff members and researching information to be used in reports to gain practical experience in the business

Responsibilities

  • Deliver exceptional service that exceeds customers’ expectations through proactive, innovative and appropriate solutions
  • Provision of an efficient execution of role responsibilities through careful and timeous planning, reporting and updating of all related information in the relevant role of learning
  • Participate in the innovation process in the business and contribute toward new innovations against objectives
  • Participation in knowledge sharing and projects to maximise skills required for the role and relevant career exploration by executing all activities required to be efficient and successful
  • Manage graduate development plan by completion of training assignments
  • Manage graduate development plan to increase own competencies and skills by attendance of training
  • Manage own development to increase own competencies
  • Live the values of the business through demonstrating and displaying of the values required in the business

Required Qualifications:

Recent Graduates / Final year University degrees in:

  • Commerce (Accounting, Business Management, Finance, Economics etc),
  • Actuarial Science,
  • Maths,
  • Statistics,
  • Engineering,
  • Marketing,
  • HR,
  • Industrial Psychology,
  • Information Systems,
  • Computer Science,
  • This is not an exhaustive list of degrees

How to Apply

Apply Online for the FNB: Graduate Internship Programme 2024

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Eskom: Graduate In Training Internships 2024

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Eskom: Graduate In Training Internships 2024

Eskom invites South African unemployed graduates to apply for Graduate-In-Training Internship Programme 2024.

Internship Location: Western Cape, South Africa

Internship Closing Date: 12 January 2024

Business Integration & Performance Management (BIPM)

Minimum Requirements
•B Degree in Industrial Engineering/Data Science/ Commerce/Information Technology/Information Management/ Engineering

Skills and Competencies
Good communication skills
• Have the ability to understand technical concept
• Be safety conscious
• Have conscientious and self-discipline approach
• Be responsible and committed
• Have emotional resilience
• Have the ability to perform physical work
• Positive attitude
• Be able to work as part of a team

Property Management

Minimum Requirements
•B Degree in Property Management/Real Estate/Electrical/Mechanical

Skills and Competencies
Good communication skills
• Have the ability to understand technical concept
• Be safety conscious
• Have conscientious and self-discipline approach
• Be responsible and committed
• Have emotional resilience
• Have the ability to perform physical work
• Positive attitude
• Be able to work as part of a team

How to apply

Clcik here to apply for Business Integration & Performance Management (BIPM) Internships

Click here to apply for Property Management Internships

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iStore: Business Graduates Internships 2024

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iStore: Business Graduates Internships 2024

iStore invites unemployed graduates to apply for Business Graduates Internship Programme 2024.

Internship Location: SandtonGauteng, South Africa

Internship Closing Date: Not specified

Join the iStore Graduate Entrepreneurial Program 

Are you a talented, ambitious, and innovative individual with a passion for technology and entrepreneurship? iStore is on the lookout for dynamic individuals like you to become part of our fast-growing company! Whether you have prior work experience or not, we welcome you to embark on an exciting journey with us.

About iStore:

At iStore, we are constantly seeking “What’s Next” – the next big idea, the next challenge, and the next opportunity to disrupt the norm. We are committed to making not only iStore but also the world a better place through innovation. As part of our Graduate Programme, you will have the chance to work on cutting-edge projects and contribute to shaping the future.

Why Choose iStore:

  • Leadership and Mentorship: Join our diverse teams and benefit from the guidance of experienced leaders who will help you navigate the multifaceted challenges and opportunities unique to iStore and other tech brands.
  • Hands-On Learning: No prior experience in our respective sectors is required. We believe in learning by doing, and you will receive on-the-job training to equip you with the skills needed to excel.

About Us:

Working at iStore’s head office (Core Group) is more than just a job; it’s a chance to build a career where your aspirations matter. Your voice will be heard, your ideas celebrated, and your potential nurtured. By joining us, you become an integral part of our progressive organization, shaping the future of some of the world’s most iconic brands.

Why Join Us:

  • Endless Possibilities: Experience the vast possibilities that only one of the best consumer electronics leaders can offer. Every project, brand, and initiative you work on will have a positive impact.

About You:

  • Educational Qualifications: A tertiary or postgraduate qualification would be advantageous.
  • South African Citizen: We welcome applications from South African citizens.
  • 1-2 Years of Experience: While experience is beneficial, it is not a requirement. We value your potential and your willingness to learn and grow with us.

If you’re ready to unleash your entrepreneurial spirit, drive innovation, and shape the future of technology, we encourage you to apply for the iStore Graduate Entrepreneurial Program today!

How to apply

Click here to apply online

iStore invites unemployed graduates to apply for Business Graduates Internship Programme 2024.

Internship Location: SandtonGauteng, South Africa

Internship Closing Date: Not specified

Join the iStore Graduate Entrepreneurial Program 

Are you a talented, ambitious, and innovative individual with a passion for technology and entrepreneurship? iStore is on the lookout for dynamic individuals like you to become part of our fast-growing company! Whether you have prior work experience or not, we welcome you to embark on an exciting journey with us.

About iStore:

At iStore, we are constantly seeking “What’s Next” – the next big idea, the next challenge, and the next opportunity to disrupt the norm. We are committed to making not only iStore but also the world a better place through innovation. As part of our Graduate Programme, you will have the chance to work on cutting-edge projects and contribute to shaping the future.

Why Choose iStore:

  • Leadership and Mentorship: Join our diverse teams and benefit from the guidance of experienced leaders who will help you navigate the multifaceted challenges and opportunities unique to iStore and other tech brands.
  • Hands-On Learning: No prior experience in our respective sectors is required. We believe in learning by doing, and you will receive on-the-job training to equip you with the skills needed to excel.

About Us:

Working at iStore’s head office (Core Group) is more than just a job; it’s a chance to build a career where your aspirations matter. Your voice will be heard, your ideas celebrated, and your potential nurtured. By joining us, you become an integral part of our progressive organization, shaping the future of some of the world’s most iconic brands.

Why Join Us:

  • Endless Possibilities: Experience the vast possibilities that only one of the best consumer electronics leaders can offer. Every project, brand, and initiative you work on will have a positive impact.

About You:

  • Educational Qualifications: A tertiary or postgraduate qualification would be advantageous.
  • South African Citizen: We welcome applications from South African citizens.
  • 1-2 Years of Experience: While experience is beneficial, it is not a requirement. We value your potential and your willingness to learn and grow with us.

If you’re ready to unleash your entrepreneurial spirit, drive innovation, and shape the future of technology, we encourage you to apply for the iStore Graduate Entrepreneurial Program today!

How to apply

Click here to apply online

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