The South African Revenue Service (SARS) has made significant changes to the fiscal year 2022. SARS has auto-assessed over 3 million individual non-provisional taxpayers this year, and they will not have to file a tax return if they are satisfied with the results.
Is the tax season in South Africa open?
Contributions to retirement annuities and tax-free savings accounts are collected on this day so that we can report to the South African Revenue Service (SARS) for the tax year 1 March 2021 to 28 February 2022.
How long does it take to receive a tax refund in 2022?
The IRS processes more than 9 out of 10 refunds in under 21 days. You can get your tax refund up to 5 days earlier: When it comes time to file, have your tax refund direct deposited with Credit Karma MoneyTM and you could get your money up to 5 days sooner.
When can you expect to receive your tax refund?
With a free IRS e-file, you can now get your refund in as little as 8 days if you choose direct deposit. The IRS has not specified a date for when it will begin accepting tax returns in 2023. Based on previous years and our experience, we believe the IRS willopen eFile on January 23, 2023.
