As we near the end of January we are busy completing a number of our client’s online tax submissions on eFiling before the 31st deadline on Wednesday. This is not a complicated process as the new ever-improving eFiling system is user-friendly and fast.
All one needs is the right information, documents and a little know-how in order to do the online submissions. The system gives you an instant review and an online calculator will give you an estimate on your result of a pay-in or pay-out.
After completing a number of these in our offices and then doing one at home for my wife, we have noticed a few issues that people just need to take note of in order to avoid being duped by scammers and phishing sites.
Firstly the banks and SARS will never ask you to do anything via an SMS. This includes validation of accounts, ID number or tax information. Any queries that they may have will be sent to you via email and be detailed on the eFiling website.
Any refunds due will be deposited directly into the bank account you have submitted on your tax return. You will not have to do any further work, including verification of your details.
My wife got an SMS just a few days after her return was filed asking her to please click on a link and complete the bank details in order to facilitate the refund process. Firstly this is wrong and an obvious scam, but very interesting that it only took the scammers a few days to get her information from the SARS site and then set up this scam. A little scary to how insecure our information is in the SARS process.
Please be careful: if in doubt, contact us for any information about your tax returns or check directly on the eFiling site for any additional documentation or information they may require in order to complete your return.
Oh, and remember that the deadline for income tax returns for all provisional taxpayers is Wednesday this week.