If you owe money to SARS the due date for payment will show on the Notice of Assessment (ITA34).
The payment due dates are:
- Taxpayers who are not in the auto-assessment population, payment due date will be 30 days after an assessment has been issued; and
- Taxpayers who are auto-assessed, payment due date will be 30 days after 23 October 2023, to ensure they don’t incur interest during the period they have to consider whether to file a return in response to the auto-assessment received from SARS.
Estates and overseas taxpayers get an extra month for both scenarios.
Note: If payment is not made by the due date, a penalty will be levied and interest will accrue from a backdated date. The backdated date is the first of the next month after the ‘Date of assessment’.