Johannesburg, South Africa — As the 2025/26 tax season commences, Samantha Moyana of National Debt Advisors cautions South African taxpayers against the pitfalls of borrowing against anticipated tax refunds. With the tax year running from 1 March 2025 to 28 February 2026, Moyana emphasizes the importance of careful planning and preparation. Officials commented on the matter. “.
Therefore, it’s best to first file your e-filing with SARS if you expect a refund, rather than budgeting based on anticipated returns. “Moyana warns that borrowing against tax refunds can lead to financial strain if the actual refund is less than expected or if taxpayers face unexpected tax obligations. She advises individuals to be cautious and to utilize SARS offices for assistance if they have not been auto-assessed or are struggling with online filing.
To ensure a smooth tax season, Moyana suggests reviewing assessments carefully and responding promptly to any requests from SARS. South African taxpayers are also encouraged to stay informed about the latest changes and updates from the tax authority.
As the tax season progresses, it’s essential for taxpayers to remain vigilant and proactive. By following expert advice, staying informed, and taking a careful approach, South African taxpayers can navigate the tax filing process successfully and avoid costly mistakes.
*Additional reporting by ImNews | Sources consulted: 5*
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This original article was produced by the ImNews editorial team
Source: enca
Source: Siya Tsewu
