e-Tax News update and release for 2012/P2
Complements of the season and best wishes for the new year to everybody.
Once again SARS have amended the rules for Provisional Tax (FEB 2012 P2) without much warning and SARS e-Filing have had to play catch up with the changes to the ISV interface. This change is also causing a major delay for firms who will have already started the Provisional Tax processes under normal circumstances. The announcement from SARS identified the following new requirements:
1. Tax Practitioner detailsThe Employer Monthly Declaration (EMP201), Return for payment of Provisional Tax (IRP6) and VAT Vendor Declaration (VAT201) returns have been updated to include fields for Tax Practitioners’ registration numbers and telephone numbers. These changes are effective from 2 December 2011.
Validations have been built into the Tax Practitioner registration number field and will ensure that only valid registration numbers will be accepted. Once the Tax Practitioner’s registration number is completed, the telephone number field becomes mandatory.
The introduction of the Tax Practitioner detail fields will identify the Tax Practitioner as well as provide a way for SARS to detect fraud and as such protect both taxpayers as well as Tax Practitioners.
2. New Turnover field on IRP6
A Turnover field has also been built into the IRP6 return but this field is not compulsory for individual taxpayers. When completing the Turnover field please take note of the following:
- The Turnover field figure is exclusive of VAT
- Other income sources e.g. Investment Income must not be included in this field
- No penalties will apply where turnover has been under estimated
Our Offsite consulting team have been inundated with calls from firms regarding the delay in availaility of the IRP6 Returns for Feb 2012 P2. SARS e-Filing activated the IRP6 Request Service at 18:00 on Friday 13/01/2012.
e-Tax q01 changes
e-Tax has been updated with the changes for the IRP6 returns. Some of the new features that have recently been changed or added include the following:
| Change Details | Build | |
| IRP6 CHANGES | q01 | |
| 1 |
Turnover field for Provisional
Tax A new field has been added to allow for the capture of Turnover on Provisional tax. A script is included in the release zip and it must be applied to the database to activate this change before the program update is loaded. The effect of this change is that firms will need to capture the Turnover amount for all qualifying taxpayers under Provisional Tax Data Entry after the global provisional tax calculation is done. This field is also included in the Analysis letter and can be added to the Provisional Tax Letters using the field "PROVTURNOVER". |
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| 2 |
Tax Practitioner Number The Tax Practitioner number fields has been available for some time in e-Tax and can be updated on the 'Other' page under Employee Maintenance. This must be done for all Partners that are linked to Tax Clients. |
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| 3 |
Tax Practitioner Telephone
Number The telephone number will be used from the Control Record. This can be viewed on the 'Detail' page under Maintenance | Control. |
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| 4 |
Application of the 8% adjustment
for 2011 Assessments SARS have not applied the 8% adjustment on Provisional tax income estimates based on 2011 Assessments. Provtax income estimates based on 2010 Assessments will be adjusted by 16% and those using 2009 Assessments will be adjusted by 24%. To apply this change confirm the following settings under Maintenance | Control:
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| OTHER CHANGES | q01 | |
| 5 |
Outstanding Tax Returns Report Updated the Outstanding Tax Returns report to allow for the selection of Tax Year From/To and include the Remarks column. |
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| 6 |
Assessment Data Entry - Updated Assessments to display the lump sum amounts from the linked Tax Return - Update manual Assessment letters to hide the sign for Refunds |
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| 7 |
List tax Entries Report Updated the List Tax Entries report to filter on the Entry Date captured instead of the processing date. |
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| 8 |
Taxpayers qualifying for P3
Report Disable visibility of the Report filter for Taxpayers qualifying for P3 when the report is open. |
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| 9 |
Tax Entries Data Entry Updated the search by TaxRef to rectify an issue reported for Tax Entries data entry |
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| 10 |
Listing | Provisional Add the following columns for Listing | Provisional - ProvTurnover, Incharge |
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| 11 |
Tax Year Filter Added an Option to show the Tax Year filter when opening e-Tax functions. This form is usually hidden and needs to be opened from Tax | Show Tax Year Filter. |
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e-Filing Build 33 changes
| Change Details | Build | |
| 1 |
Provisional Tax Returns | Submit
to SARS Apply the changes for 2012/P2 to include the Turnover and Tax Practitioner changes. |
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| 2 |
Script Required: TXRebate updated
20120109.sql Update the script "TXRebate updated 20120109.sql" to apply the changes for Tertiary rebates. |
33 |
| 3 |
gs_TaxProvSummary.sql Updated the script to fix a problem experienced with earlier version of the stored procedure. This script allows firms to extract a Provisional Tax control list in Excel. |
32 |
The updates are available from the Downloads Area.
Click here to download instructions the create the Provisional Tax Control list.
Thank You
Imtiaz Lorgat
