How to e-file Your Personal Income Tax Return ITR12
|CPD Hours:||Attendance at this seminar will secure 2 hour/s verifiable CPD points including other professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc)|
1 September 2020 signals the start of tax season. Filing your personal tax return can be scary, but with some guidance you will not need to pay someone to do it on your behalf. This training session will help you navigate SARS e-filing platform and give you basic overview of the relevant income and expenses that may be relevant when completing your tax return. This tutorial focuses on a simplified situation: - Individual natural persons - Employed with employer filing IRP5 - No secondary businesses - Some passive income (interest, etc.) PLEASE NOTE: Due to privacy concerns, a live tax return will not be completed. Only edited screenshots of the e-filing platform will be used to explain the process.
Our primary goal is to familiarise you with the interface and to help you get rid of any fear or uncertainty when it comes to the process of completing a tax return. Our objective is NOT to provide tax-advice or interpret legislation or assist with tax planning to reduce tax burden.
We will look at the process of completing an individual’s tax return, by considering all of the following: o Getting to grips with the new interface o Highlighting supporting documentation needed o Looking at some of the typical tax legislation applicable to individuals o Discussing what input is required in the various input-boxes, and; o Addressing the post-completion process
o Any working individuals o Professional accountants, auditors and tax practitioners
A computer / laptop, a stable internet connection, audio equipment in the form of headphones or otherwise a built-in speaker and lastly a microphone (optional).