Survey unpacks corporate taxpayers’ perceptions of Sars’s service
The results indicate an improvement in the level of service since 2018, but many taxpayers say it has become harder to comply with their obligations.
Tax Administration Act
Crypto transfers: new client information requirements coming for CASPs and intermediaries
The ‘travel rule’ means CASPs and FSPs cannot initiate a crypto asset transfer unless they can transmit prescribed information.
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More amendments on the table to get SA off the grey list
One of the amendments will allow Sars to share taxpayer information with a wider range of government agencies.
Sars says ‘sorry’ for threatening SMS, but …
The message was intended as ‘a genuine and helpful reminder’ to taxpayers to file their returns, the tax-collection authority says.
What the ConCourt’s decision means for the confidentiality of your tax records
There is still a high threshold to meet before access to an individual’s tax records will be granted.
What you should know about objecting to VAT penalties
Meanwhile, a change in the VAT registration process may inconvenience taxpayers.
Beneficial practices for taxpayers and tax practitioners remain … for now
They concern two deductions: non-business-related interest expenses and fees paid to tax practitioners for completing tax returns.
What are the statutory obligations of dormant companies?
A failure to file tax returns may result in penalties, for which the directors may be held personally liable.
New rules for resolving tax disputes with Sars are now in effect
Among other things, the new rules provide for 80 days to submit an objection and more independence for an alternative dispute resolution facilitator.
Objecting to an auto-assessment can result in ‘unexpected’ penalties
Taxpayers should take note of the period within which they must submit a full and true return or relevant material.
Is ‘bona fide inadvertent error’ a good defence when you’re slapped with an understatement penalty?
The Supreme Court of Appeal and the SA Revenue Service have different views on what exactly this term means.
More clarity required for an efficient voluntary disclosure programme
The South African Revenue Service (Sars) collected an additional R3 billion through its voluntary disclosure programme (VDP) and prevented tax leakage of another R865 million during the 2021 tax year. However, the latest […]
Sars can search and seize your property without a warrant
The Tax Administration Act (TAA) permits the warrantless search and seizure of a taxpayer’s property by the South African Revenue Service (Sars). However, this has been under scrutiny for many years because of […]
Retirement funds and salaries are not a refuge from the taxman
Lump sums, monthly annuities and salaries are not off-limits to the long arm of the taxman. Taxpayers who have failed to pay their tax debts in full to the South African Revenue Service […]
Sars is ‘aggressively’ collecting tax debt via third-party appointments
The South African Revenue Service (Sars) is “aggressively” collecting outstanding tax debt, including by withdrawing funds from bank accounts and garnisheeing salaries, according to Andre Daniels, legal manager: tax controversy and dispute resolution […]
Finance MPs want action on Tax Ombud’s independence
Parliament’s finance committees have resolved that their respective chairpersons will engage directly with Finance Minister Enoch Godongwana on legislation to make the Office of the Tax Ombud (OTO) “more clearly” financially and operationally […]
SARS and the Hawks coming down hard on tax delinquents
Tax Consulting SA reports that SARS is clamping down hard on those who have outstanding tax returns. This includes those who have left the country without ensuring that their affairs with the Receiver […]
