{"id":719432,"date":"2023-09-19T06:00:00","date_gmt":"2023-09-19T04:00:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=719432"},"modified":"2023-09-18T16:30:06","modified_gmt":"2023-09-18T14:30:06","slug":"this-job-in-south-africa-is-in-danger","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/finance\/719432\/this-job-in-south-africa-is-in-danger\/","title":{"rendered":"This job in South Africa is in danger"},"content":{"rendered":"\n<p>If filling out forms is part of your job description in South Africa, it&#8217;s time to broaden your skillset &#8211; because it&#8217;s not going to last.<\/p>\n\n\n\n<p>This is according to Anton Krynauw, Managing Director of Krycom, an eFiling expert who has been involved with the South African Revenue Service&#8217;s digital platforms since its inception in 2002.<\/p>\n\n\n\n<p>Speaking at the South Africa Institute of Taxation&#8217;s Tax Indaba held last week, Krynauw said that the advances in automated data processing have put one of the critical aspects of administrating under pressure.<\/p>\n\n\n\n<p>Many tax practitioners &#8211; and other fields involving data &#8211; have their services secured by doing what clients do not want to do: <strong>filling in forms<\/strong>.<\/p>\n\n\n\n<p>However, Krynauw said that this task is disappearing<strong>. &#8220;If that&#8217;s your job, it&#8217;s in danger,&#8221; he said.<\/strong><\/p>\n\n\n\n<p>For tax practitioners specifically, the job of simply filling in forms and tax returns for clients is going away fast, largely thanks to advances at SARS with its auto-assessments.<\/p>\n\n\n\n<p>SARS now taps into third-party data and fills out tax returns (aka an auto-assessment) on behalf of taxpayers, which are then accepted and processed much faster than before.<\/p>\n\n\n\n<p>However, Krynauw said that this does not mean the end of the road for manual data processing &#8211; it just means that the job has to evolve.<\/p>\n\n\n\n<p>For tax practitioners, this means moving from filling in forms to reviewing the documents that have been auto-completed and focusing on substantiating the data.<\/p>\n\n\n\n<p>While SARS has touted the auto-assessments as a game-changing process for dealing with tax returns, Krynauw said that, in many cases, it has made the tax space more complicated.<\/p>\n\n\n\n<p>For example, when an auto-assessment is incorrect or does not contain all the necessary data, it falls to manual processes to challenge, correct, and redo the entire process. He said this is a lot of work for clients with more complex tax affairs.<\/p>\n\n\n\n<p>Because of this, the job of practitioners has to change &#8211; the model has to change, he said.<\/p>\n\n\n\n<p>&#8220;SARS isn&#8217;t getting rid of tax practitioners, but they have to evolve in their role,&#8221; he said.<\/p>\n\n\n\n<p>Tax season for individuals is currently open until 23 October. Taxpayers have until that date to challenge their auto-assessments.<\/p>\n\n\n\n<p>With auto-assessments, taxpayers are notified by SMS or email if they are selected to receive an auto-assessment.<\/p>\n\n\n\n<p>Once the notification is received, the next step is to review the auto-assessment on the SARS MobiApp or eFiling.<\/p>\n\n\n\n<p><strong>If you agree with the auto-assessment<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>No further action is required.<\/li>\n\n\n\n<li>If a refund is due, you can expect it within approximately seventy-two (72) hours, provided your banking details with SARS are correct. &nbsp;<\/li>\n\n\n\n<li>If you owe SARS, you must make the payment before the due date shown on your Notice of Assessment (ITA34) to avoid interest charged on outstanding debt.<\/li>\n\n\n\n<li>You can make payment via eFiling or SARS MobiApp, among other payment options.<\/li>\n<\/ul>\n\n\n\n<p><strong>If you disagree with the auto-assessment<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Auto-assessed taxpayers have until 23 October 2023 to amend and file their return on eFiling or the SARS MobiApp if they disagree with the auto-assessment received.<\/li>\n<\/ul>\n\n\n\n<p>According to SARS, only auto-assessed individuals will receive the SMS or email. All others must submit their Personal Income Tax Return (ITR12) manually.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/finance\/718788\/sars-updates-tax-payment-rules-changes-for-banks-in-south-africa\/\">SARS updates tax payment rules \u2013 changes for banks in South Africa<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many jobs in South Africa are at risk of disappearing due to advances in technology &#8211; experts say it&#8217;s time for skills to evolve to counter obsolescence.<\/p>\n","protected":false},"author":10,"featured_media":698449,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11121],"tags":[26],"class_list":["post-719432","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/719432","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=719432"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/719432\/revisions"}],"predecessor-version":[{"id":719474,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/719432\/revisions\/719474"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/698449"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=719432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=719432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=719432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}