Tax Tyme

09/07/2026

Auto-assessments are being issued by SARS until 12 July — but not everyone will receive one, and that is completely normal.

If you have rental income, sole proprietor income, commission, foreign income, or if you are a provisional taxpayer, SARS will not issue you an auto-assessment. Your tax profile is more complex than what the system can generate automatically, and you will need to submit a return manually.

The manual filing window opens 13 July and closes 23 October 2026 for non-provisional taxpayers. If you are a provisional taxpayer, your deadline is 22 January 2027.

If you have been waiting and nothing has arrived, this is most likely why. The next step is to prepare your supporting documents and ensure your return is submitted correctly and on time.

We are available to assist. Send us a message or visit www.taxtyme.co.za to enquire.

24/06/2026

Filing season opens in one week.

For some, that feels like plenty of time. For others, it has been sitting quietly at the back of the mind for months — the return that needs to be done, the documents that need to be gathered, the question of whether last year’s assessment was even correct.

We work with people who want their tax handled properly. Not rushed. Not guessed at. Done with the kind of care that means you do not have to think about it again once it leaves our hands.

If you have been meaning to get your tax sorted, this is a good week to start that conversation.

Send us a message to enquire, or visit www.taxtyme.co.za

20/06/2026

SARS auto-assessments roll out between 1 and 12 July 2026. If you receive one, you are not required to do anything — but that does not mean doing nothing is safe.

Your auto-assessment is built from third-party data. If anything is missing or incorrect, the assessment reflects that. And if you allow it to stand without reviewing it, it becomes your tax position for the year.

This year SARS has extended the query window to 23 October 2026 — but that window only helps you if you use it.

Before the deadline passes, get a professional opinion.

Send us a message or visit www.taxtyme.co.za

20/06/2026

Your SARS Auto-Assessment for 2026 — What You Need to Know Before You Do Anything

Filing season opens 1 July 2026, and if your tax affairs are straightforward, SARS may issue you an auto-assessment rather than requiring you to file manually.

Here is what is important to understand this year.

Auto-assessments roll out between 1 and 12 July. SARS will notify you by SMS or email during this period. Once notified, log into eFiling or the MobiApp to review your ITA34 Notice of Assessment. For the first time this year, you can also receive your ITA34 via WhatsApp.

If everything is correct, no further action is required and any refund due will be paid within 72 hours.

But here is the part most people miss — the assessment is only as accurate as the data SARS has received from your employer, your medical aid, your retirement fund, and your bank. If anything is missing or incorrect, your assessment will reflect that. And doing nothing is not neutral. If you do not act within the response period, the assessment stands — correct or not.

The good news is that SARS has extended the query window this year. Auto-assessed taxpayers now have until 23 October 2026 to request a reduced or additional assessment.

If you have not received a notification by 12 July, you will need to file manually from 13 July onwards.

Before you accept your auto-assessment or allow the deadline to pass, get a professional opinion. Send us a message or visit us at

SAIPA-qualified tax and accounting practice in Cape Town. Tax compliance, bookkeeping, VAT, company secretarial, and advisory — delivered with precision.

16/06/2026

Why Doing Nothing About Your SARS Auto-Assessment Could Cost You

Every year, millions of South African taxpayers receive an auto-assessment from SARS. It arrives in your inbox, it looks official, and it tells you either that you owe money or that you are due a refund.

Many people do nothing. They assume that if SARS has calculated it, it must be correct. Or they simply do not get around to reviewing it before the deadline passes.

The problem is that doing nothing is not neutral. If you do not file a return to override your auto-assessment within the response period, it stands. Whatever SARS calculated — correctly or not — becomes your tax position for that year.

SARS generates auto-assessments using third-party data — from your employer, your medical aid, your retirement fund, your bank. If anything is missing or incorrect, your assessment will reflect that. And SARS cannot account for deductions you are entitled to claim if that information has not been submitted on your behalf.

If your auto-assessment understates your liability and it stands, SARS can come back with additional assessments, penalties and interest. If it overstates your liability and it stands, you pay more tax than you owe.

Both outcomes are avoidable.

If you have received your auto-assessment and you are unsure whether it accurately reflects your position, do not let the deadline pass without getting a professional opinion first.

Send us a message or visit our website.

SAIPA-qualified tax and accounting practice in Cape Town. Tax compliance, bookkeeping, VAT, company secretarial, and advisory — delivered with precision.

14/06/2026

Understanding Your Business Tax Obligations in South Africa

Running a business in South Africa comes with tax obligations that many owners do not fully understand until something goes wrong. This is not a criticism — the tax system is genuinely complex, and the rules that apply to your business depend on how it is structured, how much it earns, and what your personal circumstances look like.

Here is a plain-language overview of what businesses typically need to know.

Every business that earns income is subject to income tax. How that tax is calculated depends on whether your business operates in your personal name or through a registered company.

If you operate as a sole proprietor — meaning the business is in your personal name — your business income is added to your personal income and taxed at your individual tax rate. If you operate through a registered company, the company pays corporate income tax at a flat rate on its taxable income. The company and the individual are treated as separate taxpayers.

Neither structure is automatically better than the other. The right choice depends on your income level, your goals, and your broader financial picture.

Depending on the size and structure of your business, there may also be preferential tax rates or simplified tax systems available to you. Whether these apply, and whether they are actually beneficial in your situation, depends on your specific numbers — and in some cases what appears to be the simpler or cheaper option is not the most advantageous one.

This is one of the most important conversations to have with a qualified professional before you decide how to structure your business or how to approach your tax obligations. What works for one business does not necessarily work for another, and the wrong decision can cost you more than it saves.

We work with businesses and individuals across South Africa on exactly these questions. If you would like to understand your tax obligations more clearly, send us a message or visit us at www.taxtyme.co.za.

SAIPA-qualified tax and accounting practice in Cape Town. Tax compliance, bookkeeping, VAT, company secretarial, and advisory — delivered with precision.

13/06/2026

We are a Cape Town-based tax and accounting practice serving clients across South Africa.

With over 10 years of experience, we are SAIPA-qualified Professional Accountants and SARS Registered Tax Practitioners — which means when we sign off on your return, it carries real professional weight.

We work with individuals and small businesses who value precision, clear communication, and a practice that takes their finances seriously.

Filing season opens 1 July. If you have been putting off getting your tax sorted, this is your sign to start the conversation.

Send us a message to enquire, or visit us at www.taxtyme.co.za

12/06/2026

Filing season opens in July 2026. Before you sit down to file, make sure you have everything ready.

Here is what most individual taxpayers need — and what happens when something is missing.

IRP5 or IT3(a) — your employer’s tax certificate showing income and PAYE deducted. If you changed jobs during the year, you need one from each employer. A missing IRP5 is one of the most common reasons returns get flagged.

Medical aid certificate — your annual tax certificate from your scheme. This feeds into your Medical Scheme Fees Tax Credit. Not claiming it means leaving money with SARS that belongs to you.

Retirement annuity certificate — if you contribute to an RA outside your employer’s fund, this is one of the most consistently overlooked deductions. The tax saving can be significant.

IT3(b) from your bank — interest income. SARS already receives this from your bank. Omitting it is not something they will overlook.

Other income sources — rental income, freelance work, or any earnings outside your salary must be declared. If this applies to you, you are likely a provisional taxpayer. Provisional taxpayers have different deadlines and obligations, and filing incorrectly carries compliance risk.

Banking details — verify them on eFiling before you file. Outdated details are one of the simplest reasons refunds get delayed.

Having the documents is the starting point. Knowing whether everything has been captured correctly and all deductions applied — that is where a registered tax practitioner earns their value.

If you would rather hand it over to someone who will get it right, we would be glad to help.

www.taxtyme.co.za | WhatsApp 082 450 3102

Respecting Time. Delivering Clarity.
Tax Tyme™

SAIPA-qualified tax and accounting practice in Cape Town. Tax compliance, bookkeeping, VAT, company secretarial, and advisory — delivered with precision.

10/06/2026

Not all tax practitioners are the same.

In South Africa, a SARS Registered Tax Practitioner is someone formally registered with SARS and accountable to a recognised controlling body. That means qualified, regulated, and bound by a professional code of conduct.

Before you hand over your tax affairs to anyone, it is worth asking: are they registered?

At Tax Tyme, we are SAIPA Professional Accountants (SA) and SARS Registered Tax Practitioners. Your returns are in qualified hands.

Filing season is almost here.

10/06/2026

Filing season opens in three weeks.

If your books aren’t ready, your accountant should be.

Tax Tyme™ is a registered tax practice based in Cape Town, offering tax compliance, bookkeeping, and payroll services for individuals and businesses.