SARS TO FINE COMPANIES FOR FAILING TO SUBMIT CORPORATE INCOME TAX RETURNS
ARE YOU A DIRECTOR OR SOLE PROPRIETOR? ARE YOU SURE YOUR COMPANY IS TAX COMPLIANT?
The deadline has since past for the South African Revenue Service (SARS) to implement their new approach to use information supplied by the Companies and Intellectual Property Commission (CIPC) to determine which companies are not tax compliant and impose penalties accordingly.
Where you have ever setup a company or been a director, and you are unsure whether the company is tax compliant, we can get the status checked with our bespoke Tax Diagnostic process. This will provide you with a complete update and visibility of your situation.