DO you owe the South African Revenue Service (SARS) money?
If so, act quickly. On Thursday, SARS sent out a statement reminding individual taxpayers who filed personal income tax returns last year and were assessed to owe the tax collector to pay up.
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They said tax payers who owe SARS money have until 31 January 2018 to make payment.
According to acting SARS spokesperson Sicelo Mkosi, there are about 236 500 individual taxpayers countrywide who fall into this category.
“These taxpayers filed their personal income tax returns during Tax Season 2017. These income tax returns were assessed and the taxpayers were found to owe SARS money,” Mkosi said.
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He added that these taxpayers will face various enforcement actions, such as penalties, interest as well as criminal processes if they do not pay by this deadline.
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