NEWS | THE “DISCREPANCY” SMS FROM SARS – WHAT SHOULD YOU DO?
As Trump likes his twitter; SARS loves the SMS. Over the last week, many taxpayers have received a rather confusing SMS from SARS, informing them that SARS has not forgotten about them, but also that something looks wrong on their taxes.
NEWS | SOUTH AFRICANS WORKING ABROAD: MUST YOU SUBMIT A TAX RETURN TO SARS?
Due to the COVID-19 pandemic and the restrictions implemented, the South African Revenue Service (“SARS”) has pushed back the 2020 tax season by two months. The 2020 tax season will now open on the 1st of September 2020, and closes on the 16th of November 2020, for online submissions, and 22 October 2020, for branch […]
NEWS | PROVISIONAL TAX: PENALTIES AND INTEREST RISKS
Provisional taxpayers must comply with all requirements for filing returns and making payments in order to avoid risk of penalties and interest.
NEWS | CONSTITUTIONAL COURT GIVES HEFTY SARS BLOW TO FRANCHISE INDUSTRY
Talk about bad timing. The Constitutional Court on 21 July 2020, after some 250 days of deliberation, decided that the way in which many franchise operators have been claiming their tax expenses does not rank for tax relief.
NEWS | IMPORTANT COURT WIN FOR SMALL BUSINESS OWNER AGAINST SARS
The Pretoria High Court granted on 14 July 2020, a small business owner, on an urgent basis relief against the South African Revenue Service (SARS) who depleted the taxpayer’s bank account without following due process. The court ordered SARS to set aside the third appointment of Absa who collected R1.3m on behalf of SARS from […]