Notice of ObjectionOnce an audit or verification has been completed, you’ll receive an assessment, called an ITA34. This document highlights the outcome of your tax return verification showing what income and expenses have been used to calculate your tax liability for the period. Every now and then, you may disagree with SARS result, and perhaps feel that SARS erroneously included or excluded certain amounts that impacted on the final tax amount owed. In these cases, you’re able to lodge a notice of objection, provided you do so within 30 days of receiving your assessment. As per general SARS administration turnaround, you can expect to have a response to your notice of objection within 60 business days of being received.
Notice of AppealIn extreme cases, if SARS still disallows your deduction (after a notice of objection) you can file a notice of appeal. This needs to be submitted within 30 days of receiving your notification of your objection being declined. Again, the general SARS waiting periods apply and an appeal can take up to 60 days to be finalised. There have been cases where this has gone on for 3 months and sometimes a year unfortuntely. So get all your documents in correctly the first time round and then you won't even need to appeal. As you can see, any administrative matters outside of a general tax return submission may take a long time to resolve - and even then you’re not guaranteed a favourable response. This is why we stress the importance of ensuring your tax return is completed accurately the first time. TaxTim’s unique approach to completing and filing your tax return makes sure that it’s correct and that you’ve claimed for every deduction available for your particular tax profile.
Letter of CompletionThis is the good news, receiving one of these means that SARS is all done. They have finished with your documents and should you due to receive a refund, then this will be paid out to you a few days later.
Payment to SARSIf you make a payment to SARS and provided you use the correct payment reference number, SARS should allocate the payment to your account within 3 business days. Need help? Do you tax return quickly, easily and correctly now.