Navigating the Maze: Hurdles Foreign Individuals Face in Securing a South African Tax Number
South African law requires any person who becomes liable for tax, whether it be income tax, VAT or Capital Gains Tax, to register as a taxpayer with the South African Revenue Service (SARS) and obtain a tax number. This unique identifier, issued by SARS, tracks and manages your tax obligations and compliance.
SARS Compliance Programmes Secures R304 Billion in Collections!
SARS And National Treasury’s 18th annual edition of the Tax Statistics bulletin confirms the effectiveness of the revenue collector’s compliance driven initiatives. SARS celebrates a whopping 16,7% year-on-year compliance collection increase, which it attributes to “enhanced strategies and diligent implementation of compliance measures”.
Planning to Emigrate in the New Year? Start Preparing Now Before the Festive-Season Slowdown Hits
As the year draws to a close, many South Africans begin preparing for international relocation at the start of the new year, yet the administrative side of emigration, particularly ceasing South African tax residency is often more complex than anticipated. If you intend to finalise your tax residency cessation early in 2026, the window to […]
SARS Moves Toward Trust Penalties: Draft Notice Signals Real Enforcement Ahead
The South African Revenue Service (SARS) has released a draft notice under section 210(2) of the Tax Administration Act that formally proposes fixed administrative penalties for trusts that fail to submit their tax returns. Although still in draft form, this publication marks a clear shift from years of warnings to concrete action.
SARS Will Soon Know About Every Foreign Property You Own. Are You Prepared?
The South African Revenue Service (SARS) is about to gain unprecedented visibility into your offshore life. A new global tax agreement means SARS will soon automatically receive detailed information about every foreign immovable property owned by South African taxpayers across more than 20 countries.