{"id":50013,"date":"2013-11-25T16:47:04","date_gmt":"2013-11-25T14:47:04","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=50013"},"modified":"2013-11-25T16:50:45","modified_gmt":"2013-11-25T14:50:45","slug":"sars-reveals-increase-in-tax-returns","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/50013\/sars-reveals-increase-in-tax-returns\/","title":{"rendered":"Sars reveals increase in tax returns"},"content":{"rendered":"<p>The South African Revenue Service (Sars) says that\u00a06.09 million income tax\u00a0returns were submitted for the 2013 Tax Season, up\u00a07.7% from 2012.<\/p>\n<p>This, the collection body said, means that 91.5% of taxpayers who were eligible to submit a tax return this year did so on-time &#8211; an increase of 5.5% from 2012.<\/p>\n<p>Payments from taxpayers this year amounted to R4.7 billion which is R1 billion (27.4%) more than\u00a0the R3.69 billion paid in 2012.<\/p>\n<p>Since the start of the Tax Season on 1 July 2013, refunds of R14.26 billion were paid to 2\u00a0million taxpayers, which is R1.4 billion higher than the 2012 figure, Sars said.<\/p>\n<p>The total number of returns received by the deadline of 22 November 2013 is 7.7% higher than\u00a0in 2012, despite the fact the threshold to submit a tax return was substantially increased by the\u00a0Minister of Finance in the 2013 Budget.<\/p>\n<p>Effectively, the threshold adjustment removed the administrative obligation for thousands of\u00a0taxpayers to submit a return if they earned income below R250,000 a year and did not submit any\u00a0claims for a tax refund.<\/p>\n<p>\u201cThe growth in the number of tax returns filed ,despite an increase in the threshold for submitting a\u00a0return from R120,000 to R250,000, shows the continued growth in tax compliance by fellow South\u00a0Africans,&#8221; Minister of Finance, Mr\u00a0Pravin Gordhan, said.<\/p>\n<p><strong>e-Filing<\/strong><\/p>\n<p>Sars said that\u00a099.86% of all returns were submitted electronically (98.86% in 2012), with only 6,471 manual or paper returns submitted in 2013.<\/p>\n<p>Returns submitted on eFiling by taxpayers themselves totalled 3.3 million.<\/p>\n<p><strong>Administrative penalties<\/strong><\/p>\n<p>Sars said it also received 1.55 million outstanding returns from previous\u00a0years which is 13.3% (182,000) higher than the 1.4 million outstanding returns, submitted by the\u00a02012 deadline.<\/p>\n<p>Of the 1.55 million outstanding returns received from previous years, defaulting taxpayers paid Sars a total of R674 million in penalties.<\/p>\n<p>On 31 March 2013, there were 15.3 million individuals who were registered for Personal Income\u00a0Tax. Although almost nine \u00a0million were likely to have earned less than the tax threshold they also\u00a0contributed to revenue collection, through consumption taxes like VAT.<\/p>\n<p><strong>Fraud<\/strong><\/p>\n<p>Sars, working with the SAPS in combating fraud, has arrested 38 individuals who\u00a0are alleged to have submitted fraudulent claims for tax refunds.<\/p>\n<p>&#8220;The cases are at various stages of\u00a0criminal prosecution before the courts. SARS is in the process of recovering about R29.2 million that\u00a0have been fraudulently claimed as tax refunds,&#8221; the revenue service said.<\/p>\n<h3 class=\"my-4\">More on Sars<\/h3>\n<p><a title=\"Sars reveals 9.6% rise in tax revenue\" href=\"http:\/\/businesstech.co.za\/news\/general\/47943\/sars-reveals-9-6-rise-in-tax-revenue\/\"><strong>Sars reveals 9.6% rise in tax revenue<\/strong><\/a><\/p>\n<p><a title=\"Only 6 million people in SA pay tax\" href=\"http:\/\/businesstech.co.za\/news\/general\/47957\/only-6-million-people-in-sa-pay-tax-sars\/\"><strong>Only 6 million people in SA pay tax<\/strong><\/a><\/p>\n<p><a title=\"SARS increases revenue\" href=\"http:\/\/businesstech.co.za\/news\/government\/34769\/sars-increases-revenue\/\"><strong>SARS increases revenue<\/strong><\/a><\/p>\n<p><a title=\"Sars opens 2013 tax season\" href=\"http:\/\/businesstech.co.za\/news\/general\/41006\/sars-opens-2013-tax-season\/\"><strong>Sars opens 2013 tax season<\/strong><\/a><\/p>\n<p><a title=\"Customs goes digital\" href=\"http:\/\/businesstech.co.za\/news\/government\/44642\/customs-goes-digital\/\"><strong>Customs goes digital<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The South African Revenue Service says that 6.09 million income tax returns were submitted for the 2013 Tax Season.<\/p>\n","protected":false},"author":10,"featured_media":17105,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[26,84,3246,2887],"class_list":["post-50013","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-headline","tag-pravin-gordhan","tag-sars","tag-tax"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/50013","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=50013"}],"version-history":[{"count":7,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/50013\/revisions"}],"predecessor-version":[{"id":50023,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/50013\/revisions\/50023"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/17105"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=50013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=50013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=50013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}