Sars urges swift tax payments to avoid penalties

The South African Revenue Service (Sars) has urged taxpayers to settle any outstanding amounts as soon as possible to avoid penalties, interest and unnecessary delays.

- Oratile Mashilo

In a statement, Sars said it “encourages all taxpayers who are due to make payments to do so by the earliest available date to avoid unnecessary delays, penalties and interests for late payment”.

Sars stressed compliance helps reduce the risk of enforcement action and supports the functioning of the tax system.

With September marking the halfway point of the financial year, Sars thanked those who have already met their tax obligations.

“Sars wishes to thank all taxpayers who diligently contribute to the fiscus through their tax payments,” it said.