Taxpayers not responding in time to requests for relevant material supporting their value-added tax (Vat) returns have been forewarned. The South African Revenue Service (Sars) will, from now on, ...
Monday, 20 October, marks the final day for non-provisional taxpayers to file their tax returns for the 2025 tax season, with the South African Revenue Service warning of fines and penalties if not ...
The South African Revenue Service (SARS) has initiated the process of digitising its value-added tax (VAT) collection system. This, after SARS last week published a discussion paper on VAT ...
While South Africa has been shaking its head at Trump’s whiplash tariff announcements, we seem to be watching a similar scene roll out locally with the controversial VAT increase. The latest news is, ...
The South African Revenue Service (Sars) was granted additional powers to implement the estimated assessment functionality where value-added tax (Vat) vendors do not adhere to the provisions of the ...
SARS has now issued a Discussion Paper on Value-Added Tax Modernisation to explain its plans and seek input from VAT vendors, accounting system software developers or suppliers, recognised controlling ...
Tax Ombud reveals more than 16 000 SARS e-filing profile hacks in the last tax season. Here’s how you can beef-up your tax ...
A live feed of your business's VAT data to the South African Revenue Service could become a reality in the next five years, if a recent discussion paper is anything to go by, says Philip Tillman. For ...
While 90% of tax returns are processed without further verification, those taxpayers identified for scrutiny find themselves caught in an administrative nightmare. Most of them are small businesses ...
'Tis the season for tax returns and the criminals have come out to play. A month ago Natasha Green received a call from a man claiming to be from the South African Revenue Service (Sars) informing her ...