South Africa: Penalties for individuals who fail to file tax returns

Penalties will be imposed if taxpayers miss filing deadline for their 2021 income tax returns

Penalties for individuals who fail to file tax returns

Penalties for an individual taxpayer’s failure to file (non-compliance) an annual income tax return apply for any outstanding income tax returns, for years of assessment beginning on or after 1 March 2006.

Accordingly, the penalties will be imposed if taxpayers miss the filing deadline for their 2021 income tax returns (form ITR12).

Previously, the penalty for a failure to file an annual income tax return (form ITR12) for years of assessment beginning on or after 1 March 2006 was a fixed amount if the taxpayer had two or more outstanding income tax returns.

Under the new rules, effective 1 December 2021, fixed amount penalties will apply if an individual taxpayer has:

  • Two or more outstanding income tax returns from the 2007 to 2020 tax years of assessment or
  • One or more outstanding tax returns from (and including) the 2021 tax year of assessment

Read a November 2021 report [PDF 507 KB] prepared by the KPMG member firm in South Africa

 

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