Entries by Tax Consulting South Africa

Trusts Under the Microscope: SARS Steps Up Enforcement on Non-Compliance

The South African Revenue Service (SARS) has reported a recent surge in trust tax return submissions, yet it says it remains concerned about the overall level of compliance within the trust sector. No wonder then that SARS is significantly increasing its scrutiny of trusts to ensure compliance with tax laws, focusing intensely on registration, accurate declarations, and timely payments.

You Can’t Afford to Ignore a SARS Assessment in the Era of “Project AmaBillions”

The South African Revenue Service (“SARS”) is no longer the passive revenue service many South Africans remember. With the injection of R3.5 billion from the national budget and the ominous launch of “Project AmaBillions,” SARS has entered its most aggressive phase of enforcement in years and is quickly turning into one of the most sophisticated, assertive, and unrelenting revenue authorities in the world.

Opening Blows in Transfer Pricing Case Where SARS Fights for Additional R1 Billion of Taxable Income

On 15 April 2025 the Tax Court heard the opening skirmishes in what may develop into one of South Africa’s largest and most complex Transfer Pricing cases. At stake is an adjustment of R1 billion on the taxable income of a JSE listed company, translating to roughly R280 million in additional taxes for just two years of assessment.

Voluntarily Disclose to SARS or Face Severe Penalties, Even Imprisonment | A More Aggressive SARS: Project AmaBillions and a R7.5 Billion War Chest

The South African Revenue Service (SARS) is preparing to escalate its enforcement drive. With R7.5 billion in additional funding over the medium term and the implementation of a focused initiative known as Project AmaBillions, SARS now has both the mandate and the means to pursue non-compliant taxpayers with renewed vigour.

SARS Sharpens Focus on Trusts and NPOs: Why IT3(d) and IT3(t) Submissions Cannot Be Delayed

In its effort to meet the ambitious 2025/26 revenue estimate of R1.986 trillion, the South African Revenue Service (SARS) has made it clear that timely, transparent and accurate tax submissions are the new normal. Central to this approach is expanded use of third-party data, not sparing Trusts and Non-Profit Organisations (NPOs).

SARS System Failures Puts Taxpayers at Risk: You Need a Tax Attorney Now More Than Ever

If you’re still waiting on a VAT refund, now is the time to take legal action. Taxpayers and tax practitioners alike are reporting a surge in delayed refunds, with SARS citing pending verifications or audits, but only after a manual status check is performed. This is not a procedural glitch – this is a
systemic failure with serious financial implications.