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Follow on Google News | Tax season – awareness and response is key says AccsysThe tax season for March 2012/ Feb 2013 finalises in November. Non-provisional Tax payers have to adhere to the September submission deadline for manual returns and November for SARS eFiling.
By: Accsys Accsys is one such service provider. The company is a member of the Business Connexion Group and a national supplier of people management software and hardware solutions within the HR, payroll and time & attendance space. Tax legislation is a core component of the national budget and among the latest developments to Internal Tax is the introduction of International Financial Reporting Standards for JSE-listed companies, which, according to some media reports, could change the way South Africans are taxed going forward. It is these type of changes that Accsys management advises companies to be aware of. “Tax and payroll specialists agree that it makes more sense to gather all the necessary information ahead of time in order to make life a lot easier when it comes to tax season. Everyone does not have the same resources, skills and knowledge, therefore they are able to outsource this function to a service provider who has a proven track record in service and support in this area,” says Teryl Schroenn, CEO of Accsys. Whilst there are numerous channels of support and help offered by SARS, Schroenn believes it is always a good idea to brush up on current tax legislation, changes from government and the implications for businesses. To this end the company offers tax legislation/ Providing a reliable level of support and expertise to clients, as part of its core focus on payroll administration in business, is a role the company has entrenched in the local market. The difficulty with tax and tax legislation is that it is subject to change and the onus is on citizens and business owners to be aware of these changes and maintain this knowledge in order to comply. “Businesses often run into difficulty because they do not have the technical resources or expertise to maintain their tax profiles effectively. Whilst SARS has gone to extensive lengths to ensure that the convergence of technology, including eFiling and mobility, is available, and companies like Accsys are there to provide additional advice and guidance,” Schroenn adds. End
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