Employers are currently in the process of finalising their employees' tax certificates. This is done in order to enable employees to submit their tax returns by 4 June 2002. To accommodate employers who are unable to meet this due date, SARS has decided that employers will have until 15 July 2002 to submit their reconciliations. Furthermore, individuals who are affected by the late receipt of employees' tax certificates will have until 19 August 2002 to render their Income Tax returns.
It must be emphasised that this does not represent a general extension for all taxpayers but merely a concession to those taxpayers who could not obtain their IRP5 certificates timeously.
Taxpayers who require an extension beyond 19 August 2002 will have to apply via the SARS website at www.sars.gov.za under E-Commerce or at their local branch office for extension to prevent a penalty being imposed for the late rendition of their tax returns.
ISSUED BY THE COMMISSIONER FOR THE SOUTH AFRICAN REVENUE SERVICE