16 September 2024 – SARS is in the process of enhancing the letters that it issues to taxpayers relating to the specific supporting documents that are required when they have been selected for verification. For the Revised Estimated Assessment:
- If the ITR12T return you submit is routed for verification and there is no response to the request for supporting documents within the required period (after delivery of more than one request for such material), SARS may make a revised estimated assessment in terms of section 95(1)(c) of the Tax Administration Act. A notice of assessment (ITA34) will be issued, to notify you of the reduced/additional estimated assessment and the reason for the adjusted assessment.
- You will have the option of submitting the outstanding supporting documents to SARS within 40 business days from the date of adjusted assessment, under section 95(6) of the Tax Administration Act. However, you may provide SARS with reasonable grounds and request an extension of this period, in terms of section 95(7) of the Tax Administration Act.
- You can submit supporting documents via eFiling, the SARS Online Query System (online service), or by booking an appointment at a SARS branch.
- If you do not provide the supporting documents to SARS within the required period, the estimated assessment will become final and not subject to objection or appeal.
Please note that the Suspension of Payment will be made available later.
