The new changes that SARS has introduced are as follows:<\/p>\n\n\n\n
- \n
- Antedated salary\/pension<\/strong> \u2013 From the 2025 year of assessment onward, if source code 3623\/3673 (for \u2018antedated salary\/pension\u2019 paid for past years of assessment) is completed in the income section of the IRP5 certificate, the directive number will be mandatory.<\/li>\n<\/ul>\n\n\n\n
- \n
- Exempt Local Dividends<\/strong> \u2013 Source code 4306 will only display next to the \u2018Exempt Local Dividends\u2019 field from the 2025 year of assessment onwards<\/li>\n<\/ul>\n\n\n\n
- \n
- Exempt Foreign Dividends<\/strong> \u2013 Source code 4307 will only display next to the \u2018Exempt Foreign Dividends\u2019 field from the 2025 year of assessment onwards<\/li>\n<\/ul>\n\n\n\n
- \n
- Capital Gains Tax<\/strong> \u2013 if a taxpayer is in a partnership and there was a disposal of partnership assets\u00a0during the year of assessment,\u00a0 the taxpayer is only required to declare his\/her own portion of the proceeds and base cost on the ITR12\u00a0tax return.<\/li>\n<\/ul>\n\n\n\n
- \n
- Return Type for Foreign Nationals <\/strong>\u2013 A system change was implemented to issue a \u2018resident\u2019 ITR12 by default to all taxpayers classified as foreign nationals. If a foreign national requires a \u201cnon-resident\u201d ITR12 return to be issued, the Non-resident Tax Return Type icon<\/a> on the SARS Online Query System (SOQS) function must be used to request SARS to issue the correct return type for completion.<\/li>\n<\/ul>\n\n\n\n
Filing season is about a third of the way complete, with non-provisional taxpayers having until 20 October to complete their tax returns for the year before facing penalties.<\/p>\n\n\n\n
SARS issues new scam warning<\/h2>\n\n\n\n
![\"\"](\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/07\/SARS-scam-1024x576.jpg\")
<\/a><\/figure>\n\n\n\nIn addition to announcing the above changes, SARS has also alerted taxpayers to a new scam doing the rounds.<\/p>\n\n\n\n
The scam is one of many that fall under phishing, but follows a new format where the fraudsters are alerting taxpayers to a letter from SARS that needs to be processed.<\/p>\n\n\n\n
The latest scam is an email from an address similar to what SARS is using for eFiling notifications i.e. noreply@sars.gov.za. <\/p>\n\n\n\n
The subject line of the email is \u2018PROCESS QUOTE LETTER<\/strong>\u2019 and it asks the recipient to \u2018Please kindly process SARS letter for attention\u2019 linking to a fraudulent website.<\/p>\n\n\n\n
SARS urged any recipients to avoid clicking the link in the email, and to “hover over the link” to see whether it\u2019s a strange website name. <\/p>\n\n\n\n
The taxman said that this is the latest in a host of different types of ways scammers try to nail unsuspecting victims.<\/p>\n\n\n\n
In more traditional cases, users are prompted to give their banking details to make payments, compromising their cards and accounts.<\/p>\n\n\n\n
Some of the fraudulent messages and emails that have been doing the rounds focus on these areas:<\/p>\n\n\n\n
- \n
- Threats of SARS issuing court summonses against taxpayers<\/li>\n\n\n\n
- Threats of SARS blacklisting taxpayers<\/li>\n\n\n\n
- Threats of SARS issuing stop orders on accounts<\/li>\n\n\n\n
- Notice of outstanding amounts owed to taxpayers<\/li>\n\n\n\n
- Notice of outstanding amounts owed to SARS<\/li>\n\n\n\n
- Notice of delayed payments pending FICA review<\/li>\n\n\n\n
- Alerts of pending or active SARS audits<\/li>\n\n\n\n
- Latest:<\/em><\/strong> Request to process letters from SARS<\/li>\n<\/ul>\n\n\n\n
SARS has repeatedly warned taxpayers to be on the lookout for suspicious activity and to report any suspected phishing attempts.<\/p>\n\n\n\n
Taxpayers are urged to note the following:<\/p>\n\n\n\n
- \n
- Do not open or respond to emails from unknown sources.<\/li>\n\n\n\n
- Beware of emails that ask for personal, tax, banking and eFiling details (login credentials, passwords, pins, credit\/debit card information, etc.).<\/li>\n\n\n\n
- SARS will never request your banking details in any communication you receive via post, email, or SMS.<\/strong> However, for the purpose of telephonic engagement and authentication, SARS will verify your personal details.<\/li>\n\n\n\n
- SARS will not send you hyperlinks to other websites<\/strong>\u2014even those of banks.<\/li>\n\n\n\n
- Beware of false SMSes.<\/li>\n\n\n\n
- SARS does not send *.htm or *.html attachments.<\/li>\n\n\n\n
- SARS will never ask for your credit card details.<\/li>\n<\/ul>\n\n\n\n
- SARS will not send you hyperlinks to other websites<\/strong>\u2014even those of banks.<\/li>\n\n\n\n
- Return Type for Foreign Nationals <\/strong>\u2013 A system change was implemented to issue a \u2018resident\u2019 ITR12 by default to all taxpayers classified as foreign nationals. If a foreign national requires a \u201cnon-resident\u201d ITR12 return to be issued, the Non-resident Tax Return Type icon<\/a> on the SARS Online Query System (SOQS) function must be used to request SARS to issue the correct return type for completion.<\/li>\n<\/ul>\n\n\n\n
- Capital Gains Tax<\/strong> \u2013 if a taxpayer is in a partnership and there was a disposal of partnership assets\u00a0during the year of assessment,\u00a0 the taxpayer is only required to declare his\/her own portion of the proceeds and base cost on the ITR12\u00a0tax return.<\/li>\n<\/ul>\n\n\n\n
- Exempt Foreign Dividends<\/strong> \u2013 Source code 4307 will only display next to the \u2018Exempt Foreign Dividends\u2019 field from the 2025 year of assessment onwards<\/li>\n<\/ul>\n\n\n\n
- Exempt Local Dividends<\/strong> \u2013 Source code 4306 will only display next to the \u2018Exempt Local Dividends\u2019 field from the 2025 year of assessment onwards<\/li>\n<\/ul>\n\n\n\n