sars tax return 2024 medical aid
SARS has released important 2024 tax dates you must diarise. Image: AdobeStock

Home » SARS announces medical aid tax changes for 2024

SARS announces medical aid tax changes for 2024

SARS has recognised the challenges faced by taxpayers in submitting medical aid data accurately and on time.

sars tax return 2024 medical aid
SARS has released important 2024 tax dates you must diarise. Image: AdobeStock

The South African Revenue Service (SARS) has recognised the challenges faced by taxpayers in submitting medical aid data accurately and on time.

To help simplify this process and reduce the burden on taxpayers, SARS is making changes regarding the data that is required from medical aid schemes.

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THE CHANGES INCLUDE:

  • Provision of data on disabled Principal members and their dependents
  • Data of persons making payment on behalf of principal members.
  • Separate non-allowable from the allowable expenses, currently reported as claims not paid or covered by medical schemes on the IT3(f) certificate.
  • Field 4, File Layout Version must be 3.
  • For inclusivity of disabled taxpayers with multiple disabilities, the Principal Member and Dependent Disability Information containers in the Medical Scheme Contributions external BRS (Version 1.07) have been expanded to allow the selection of multiple disabilities. For ease of reference, the changes in the latest BRS (Version 1.08) are as follows:
    • Under the Principal Member Disability Information record, fields 261 to 265 have been added and field 191 has been amended
    • Additionally, the Dependent Disability Information record has additional fields from 266 to 270 and field 216 has been amended.

These changes will also allow SARS to reduce audit interventions and enable speedy assessment of tax returns and assist in allocating medical tax credits to the correct taxpayers. 

Effective September 2024, medical aids are expected to provide the requested data in line with the conditions outlined in the external Medical Scheme Contributions Business Requirement Specification (BRS).

The Medical Aid updated solution will be availed via Connect: Direct® and Secured File Gateway [HTTPS] for Trade Testing from 12 August to 6 September 2024, refer trade testing queries to Bus_Sys_CDSupport@sars.gov.za with the subject Medical Trade Testing.

To allow for a smooth transition, SARS will grant a grace period of six months for partial submission of the requested data while stakeholders attain resources that consent to full compliance.

Where such cases of partial compliance occur, reasons and a commitment date for full compliance will be required.

For more information, see the Third Party Data Submission Platform webpage.

As a reminder, the South African Revenue Service (SARS) has confirmed the dates for the 2024 tax season.

  • Individual taxpayers (non-provisional): 15 July 2024 to 21 October 2024
    • Auto-assessment notices: 1 to14 July 2024
  • Provisional taxpayers: 15 July 2024 to 20 January 2025
  • Trusts: 16 September 2024 to 20 January 2025

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FAQS

What happens if you have forgotten your eFiling password?

Don’t stress! Retrieving it is simple.

Click HERE for all you need to do in the event you have forgotten the all-important password.

SARS will once again use its popular auto-assessments in 2024 which have proved successful in recent years for handling less complex tax returns.

According to the SARS website, SARS will be starting its auto-assessments from Monday, 1 July.

Taxpayers will be notified by SMS or email if they were selected to receive an auto-assessment.

Taxpayers who do not receive a SMS or email must submit their Personal Income Tax Return (ITR12)

When will SARS issue Auto-Assessments?

This year from 1 July 2024 SARS will again issue auto-assessments to taxpayers whose tax affairs are less complicated. 

If you are in agreement with your auto-assessment, then there is no need to “accept” the assessment. 


How does the Auto-Assessment work?

SARS receives data from employers, medical schemes, banks, retirement annuity funds, and other institutions.

This data is used to calculate your tax assessment.

If SARS is satisfied that the data and tax calculation is correct, it will issue the assessment to you via eFiling or the SARS MobiApp.

At the same time, SARS will also send you a message via your preferred channel of communication (like SMS or email) to let you know that your assessment on eFiling or SARS MobiApp is ready for you to view.


What must I do when I receive my auto-assessment?

Log onto eFiling or the SARS MobiApp and view your assessment. You will be able to see all the data SARS used to calculate your assessment.

If you are in agreement with the assessment, then check if a refund is due to you or if you owe SARS.

If a refund is due, then there is nothing more you have to do – you can log out of eFiling or MobiApp and wait for the refund, which you can expect within approximately 72 hours / 3 days, provided your banking details with SARS are correct.

If you owe SARS, then make the payment via eFiling or SARS MobiApp and EFT or before the payment due date. The payment due date of the amount owed to SARS is displayed on the “Notice of Assessment” (ITA34).

If you are not in agreement with the assessment, you can access your tax return via eFiling or SARS MobiApp, complete the return, and file it by the filing season due date (21 October 2024).

If you are not in agreement with the auto-assessment, you can complete and file your tax return from 15 July 2024 until 21 October 2024, by visiting eFiling on www.sars.gov.za or via the SARS MobiApp. You can download MobiApp from the Apple App Store, Google Play Store, or the Huawei App Gallery.


How do I know the data is correct?

You can view your data in detail, as follows:

  1. Login onto eFiling
  2. Select the “Third Party Data Certificate” search button on the menu bar.
  3. Submit/search for any certificate that you wish to verify.
  4. Select the certificate type in question.

What if tax is due to SARS (I’m owing SARS)?

If your assessment shows that you owe tax to SARS, it is important to make payment as soon as possible to avoid interest. The payment due date of the amount owed to SARS is displayed on the “Notice of Assessment” (ITA34).

The easiest way to make a payment is to log into eFiling or SARS MobiApp and schedule the payment there.

However, you can also make payment at any branch of Absa, FNB, Nedbank, Standard Bank, and Capitec, or make an electronic funds transfer (EFT) using the standard drop-down listing of pre-loaded beneficiary IDs provided by the bank. The beneficiary reference is the Payment Reference Number (PRN) listed on your “Notice of Assessment” (ITA34).


By when must I file a tax return?

If your return has been auto-assessed, you are not required to file a tax return.

If you agree with your auto-assessment, you do not need to do anything further. 

If you are not in agreement with the auto-assessment, you can complete and file your tax return from 15 July 2024 until 21 October 2024, by visiting eFiling (www.sars.gov.za) (or via the SARS MobiApp.  You can download MobiApp from the Apple App Store, Google Play Store, or the Huawei App Gallery.

If you are not part of the auto-assessment process you can complete and file your tax return from 15 July 2024 until 21 October 2024, by visiting eFiling (www.sars.gov.za) or via the SARS MobiApp. You can download MobiApp from the Apple App Store, Google Play Store, or the Huawei App Gallery.


What will happen if I do not file my return by the due date?

It is important to understand that filing a return post the due date of 21 October 2024 will attract penalties.


I don’t see my IRP5 on my return?

If you have requested your IRP5 or IT3(a) certificate from your employer / ex-employer and the employer has failed to provide such, you can book a virtual appointment, dial USSD *134*7277# and select option 4 (e-booking) or call 0800 00 7277 to book a branch visit for advice on the next steps.

You will be required to provide the following documentation:

  • All payslips issued by the employer for the year of assessment in question.
  • Bank statements to show the movement of salary into your account from the employer, and if applicable a copy of a service contract.
  • Name and contact details of the employer; and
  • Physical address of the employer.

To secure an appointment you can access the SARS digital channels; SARS Online Query System (SOQS) on the SARS website, SARS MobiApp, and SARS eFiling.