Johannesburg, Thursday, 23 May 2013 â€" The South African Revenue Services (SARS) requires certain entities to submit third party reports in terms of Section 26 of the Tax Administration Act.

The initial deadline for the submission of these returns is the end of May 2013 but; SARS has extended the deadline for medical aid and insurance payments until 28 June 2013, explaining that this extension will allow these third parties sufficient time to prepare their systems to submit in the new format. However, all other third party data suppliers are still required to submit their data electronically in the new format by 31 May 2013.

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