Transcript Individual Employer - CQS Technology Holdings

The Journey
2,000,000
1,750,000
1,800,000
1,600,000
1,300,000
1,400,000
1,200,000
1,000,000
800,000
600,000
400,000
200,000
35,000
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2006
2007
2001
2003
2004
2005
Launch of
electronic
submissions
SARS
Consolidates
eFiling
Credit
Push Payment
Integration
eStamps
Transfer Duty
2008
2006
Electronic
Annual
Returns,
Advanced
Tax Rulings
2007
2008
Introduced
PDF
Personalised
& Pre-populated
Income Tax Return
eFiling - Not just income tax
Services on eFiling include:
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VAT
EMP
PTax
ATR
eStamps
Transfer Duty
Tax Clearance Certificates
Directives
Reportable Arrangements
Tax Practitioner Registration
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Secondary Taxes on Companies (IT56)
Securities Transfer Tax
Customs Payments
Income Tax Returns
 ITR12
 IT12TR
 IT14
 IT12EI
SARS Strategy 2008
1. PAYE (Employer) submissions and reconciliation
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Pre-populated returns
2. Customised annual returns – simplify tax process
3. Quicker turn-around times on submissions
eFiling Objectives: Filing season 2008
1. Refine the Technology base - Use of PDF documents
2. Split out the Site Personalities
3. Drive to real-time processing
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Quicker turn around times
Better feedback on status
Electronic request for correction & notice of objection
4. Self service
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Password reset
Taxpayer transfer
Uploading supporting docs
5. Drive toward end-to-end electronic processing for 2009
eFiling Integration: gateway to SARS
Benefits of integration
• Tax practitioner’s life made easier
• Single point of engagement
• Capture information once, through source application
• Transfer electronically between systems
• Status feedback
- IT34 statement of account
- Electronic request for info
The process
Employer
Individual
EMP501
Annual
Return
Pre-populated
Complete &
Submit
IT34
Refund
NoO
RfC
End-to-end processing
eFiling
Web
Portal
eFiling
ISV
Interface
Questions