
South Africans abroad must review their Sars profiles for tax compliance
The South African Revenue Service is flagging tax returns that have not been filed and where it has third-party information available to it.
Accountable institutions that ignore Directive 7 and fail to submit a risk and compliance return (RCR) by Friday face being sanctioned by the Financial Intelligence Centre (FIC).
Read moreThe South African Revenue Service is flagging tax returns that have not been filed and where it has third-party information available to it.
The compliance landscape has shifted from ticking the boxes to risk anticipation, risk identification, and proper disclosure.