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The South African Revenue Service (SARS) has made significant changes to the 2022 Tax Filing Season. This year, over 3 million individual non-provisional taxpayers, have been auto-assessed by SARS and will not have to file a tax return if they are satisfied with the outcome.
The tax season for the 2022 tax year is around the corner and it will be one of the shortest to date. The period to submit tax returns will be open from the 1st of July 2022 to the 24th of October 2022 for individual taxpayers who are not provisional taxpayers.
Are financial advisers ready for the combined impact of COFI and AI?