SARS sets a new professional standard: A sophisticated apology sent to taxpayers
Many South African taxpayer’s received a general warning on 24 October 2023, that SARS will not only penalise their non-compliance status, but “will initiate the criminal process” against a taxpayer.
Demystifying Company Deregistration – SARS and CIPC Synergistic Systems
Many South Africans have, in the course of their lives, either registered a company to give wings to a brilliant (or not so brilliant) idea or been appointed as the Tax Representative of a going concern. Whether you fall into these 2 categories, or simply have a dormant company to your name, your tax return […]
Do my retirement funds come with me when I leave South Africa?
For those looking to move from South Africa, a burning question often remains: what happens to their hard-earned retirement funds? How, and when, will they be able to withdraw their retirement interests in South Africa; and of course, where will these be taxed?
Don’t Let Your SARS Tax Debt be the Reason for an Empty Stocking this Festive Season!
2023 has gone by in a blur, and Christmas is just around the corner; business has started winding down for the year, but NOT SARS’ collection drive!
SARS Under Pressure To Collect What They Can
As a South African tax resident, one of the scariest situations you can find yourself in is where you have a large tax debt owed to SAR, which you cannot afford. You would hope and pray that the revenue authority shows you mercy, and imagine they offer to write-off a portion of your tax debt; […]