How to get over the tax season with little stress

Johan Swart - Tax manager at Legal & Tax joined us at 13:10PM. He gave us tips for a painless tax season. The tax season is with us again, with filing for the 2012 tax year set to begin on the 1^st of July and end on the 30^th of November. This tax year covers March 1^st 2011 to February 29^th 2012. Johan gave us few tips to help you get through tax filing time with as little stress and heartache as possible. He says filing an income tax can be a surprising amount of work. It’s best to get an early start so that you can submit your return before the rush starts. If you are due a refund, the sooner you file, the sooner you’ll get your money. And if you have underestimated your tax contribution, you may be able to save substantially on penalties and interest payable if you submit early. Remember don’t wait until the absolute deadline to file since SARS offices can be very busy at this time and the eFiling service has been known to fold under deadline demand. For more information you can contact your nearest SARS office or visit www.sars.gov.za and for more information on Legal & Tax, visit www.legalandtax.co.za or call 0860 587 587 or email info@legalandtax.co.za. Follow them on Twitter @LegalandTax or join them on Facebook