How to Get A Tax Compliance Status Pin in South Africa

How to Get A Tax Compliance Status Pin in South Africa

 

How to Get A Tax Compliance Status Pin in South Africa

How to Get A Tax Compliance Status Pin in South Africa

One number says that about 25% of people who pay income tax pay more than 80% of all the income tax that is collected.

This number shows why there is a gap between the number of taxpayers who are registered (22.2 million) and the number who actually file tax returns (6.3 million).

This article tells you everything you need to know about how to get a tax clearance certificate pin.

What is a pin for Tax Compliance Status?

A Tax Compliance Status PIN is a unique number that a taxpayer is given to confirm that they are a taxpayer and to find out how their taxes are going.

The tax compliance status PIN is a way to let third parties see your tax compliance status online through the eFiling system. This is done electronically.

Once your personal PIN has been given to a third party, like a registered tax services practitioner or a government department, it can be used.

With the PIN, they can use SARS’s online eFiling portal to check on the status of your tax compliance.

When a third party uses your PIN, they will see the status of your compliance from your personal account as it is at the time of viewing, not as it was when you got your PIN from SARS.

This makes sure that the information that third parties get from your PIN is always correct and can be used for any tax purposes they want.

The tax compliance status PIN only tells third parties what your compliance status is, so that taxpayers can stay safe and remain anonymous.

 

SARS

 

How do I get a Tax Compliance Status PIN?

SARS has Tax Compliance Status Pins for four types of tax-related activities: a letter of good standing, a tender certificate, FIA (Foreign Investment Allowance) for individuals, and emigration.

This makes it possible for tax professionals and government departments outside of the government to access and check the status of the four types of certificates online.

Before 2016, the TCS system was called the Tax Clearance Certificate. In 2016, SARS completely revamped it and launched a new online system that fully automated the process of tax compliance.

Make sure you are registered with the SARS eFiling system before you can get a Tax Compliance Status PIN.

To successfully sign up for the TCS system, you must also make sure that your profile only has one tax type turned on.

If you are registered for more than one type of tax, make sure to use the “Merge Entities” function on your home screen to see a compliance profile for all taxes.

Once you have signed up for the eFiling portal, you will be able to activate your Tax Compliance Status.

When you’re done, the “My Compliance Profile” will appear on your home screen.

When you click on “My Compliance Profile,” your compliance status will be shown based on whether or not you still owe money to SARS.

Your registration status, whether or not you’ve sent in all of your tax returns, and whether or not SARS has all the necessary supporting documents.

  • A color-coded profile will show you if your account is tax-compliant or not. Green means that your account is tax-compliant, and red means that it is not.
  • If your account profile is green, you can go ahead and get your PIN.
  • Just click on “My Compliance Profile,” and then click on “Tax Compliance Status Request” after that.
  • Choose the type of TCS you want to apply for, such as “Good Standing,” “Tender,” “Foreign Investment Allowance,” or “Emigration.”
  • Complete the process and send it to SARS. You should get your PIN right away via SMS or email.

 

 

To get a tax clearance pin, how long does it take?

SARS says that it can take anywhere from 24 hours to several weeks for your Tax Compliance Status to send you a PIN.

As your TCS is updated in real time, you can only get a TCS PIN if you have a good tax record with the revenue service.

One’s compliance status is determined by how well they do at SARS in the following areas:

These include your registration status, whether or not you’ve sent in your tax returns, how much you owe SARS, and all the relevant documents you’ve sent to SARS through their many channels.

From the dashboard of your personal account on the eFiling portal, you can see a color-coded profile that shows if you have tax problems or not.

Green means that you are doing everything right with your taxes, and as long as your profile stays green, your TCS PIN will still work.

But if your profile suddenly turns red, your PIN will stop working and won’t work again until you fix whatever mistake is making your tax status be in areas with SARS.

 

Can you get a certificate of tax clearance online?

Since 2016, the Tax Compliance Status has been used instead of the Tax Clearance Certificate.

With the new Tax Compliance Status, the paper tax certificate has been replaced by a system that lets you get a TCS PIN in real time.

As a taxpayer registered with SARS, your tax status is automatically updated online and is either good (green) or bad (red) depending on whether you are registered for all required tax types.

You sent in all your tax returns on time and if you owe SARS any money.

 

Search Here