Tax Season 2023 for Individuals
As we approach the opening of tax season 2023, it is important to note the changes this year and be prepared. We always advise our clients to get in early when the tax season starts so that there is enough time to iron out any potential problems. The third-party data submissions took a little longer this year to pull through, however as tax season opens this data should be on your income tax return.
Let us help you this tax season
As tax practitioners we have refined our system and processes to handle the requests of our existing clients and those that contact us for the first time to ensure their returns are submitted on time and correctly. We advise that you start early before time runs out. Submitting taxes is not done with the flick of a switch, a busy tax and accounting firm would have to plan your work to ensure the team is coordinated, thus ensure you allow your practitioner sufficient time to process their work.
What should you have ready this tax season?
By now you should have resolved any login and contact detail issues so that we can proceed with the work for this tax season. If you are experiencing issues like these at this stage, then you need to understand this will take time to resolve before your taxes can be submitted. It is advisable to have a practitioner that you stick with so that they can handle the admin on your profile throughout the year in preparation for tax season.
The documents you need are all tax certificates received and proof of income, for example:
What is different this Tax Season?
If you were auto-assessed last year you will remember the disaster it was to try and get returns corrected and adjusted, well this year you have until the tax deadline to process this correction.
Income Tax Filing deadlines
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Individual taxpayers (non-provisional): 7 July 2023 @ 20:00 to 23 October 2023
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Provisional taxpayers: 7 July 2023 @ 20:00 to 24 January 2024
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Companies and Trusts: 7 July 2023 @ 20:00 to 24 January 2024
Contact our team today so that we can help you stay compliant in Tax Season 2023.
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