SARS Discontinues Printing and Posting of Letters: What Taxpayers Need to Know
The South African Revenue Service (SARS) has officially discontinued the printing and posting of all system-generated letters, effective 31 May 2025. From this date forward, all SARS correspondence will be delivered electronically via eFiling and other digital platforms.
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.
SARS’ “Project AmaBillions”: Surge in VAT Audits Expected, to Meet R70 Billion Collections Target
According to recent media reports, SARS has launched a new initiative — Project AmaBillions — as part of its broader strategy to boost revenue collection by an additional R70 billion over the next three years.
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.