14/05/2026
TAX RETURNS TO BE SUBMITTED BY A PERSON IN TERMS OF SECTION 25 OF THE TAX ADMINISTRATION ACT
It's that time of the year again when we need to prepare our annual tax return for SARS to process. The details of who must do so is defined in Section 25 of the Tax Administration Act as provided below.
1. General
(1) Any term or expression in this notice to which a meaning has been assigned in a “tax Act” as defined in section 1 of the Tax Administration Act, 2011, has the meaning so assigned, unless the context indicates otherwise and the following terms have the following meaning:
“2026 year of assessment” means:
(a) in the case of a company, the financial year of the company ending during the 2026 calendar year; and
(b) in the case of any other person, the year of assessment ending during the period of 12 months ending on 28 February 2026;
“income tax return” means a return for the assessment of normal tax in respect of the 2026 year of assessment, including a turnover tax return if a person is a registered micro business under the Sixth Schedule to the Income Tax Act; and
“trust” means a trust as defined in section 1 of the Income Tax Act.
(2) Notice is hereby given in terms of section 25 of the Tax Administration Act, read with section 66(1) of the Income Tax Act, that a person specified in terms of paragraph 2 is required to submit an income tax return within the period prescribed in paragraph 4.
https://fincor.co.za/tax-returns-to-be-submitted-by-a-person-in-terms-of-section-25-of-the-tax-administration-act/
