05 Jul 2019

SARS have launched the 2019 filing season with a fresh new e-filing interface and mobile application for the tax year. Unfortunately they have again launched a system that is only partly functional. On the first day of filing season the system was down for 5 hours. Errors including not…

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04 Jun 2019

Pretoria 4 June 2019 – SARS have confirmed that taxpayers who meet all of the following criteria and earn R500 000 total employment income need not file a tax return: They only receive employment income from ONE EMPLOYER for the full tax year They have no other form of INCOME (e.g. car allowance,…

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17 Nov 2018

SARS have announced the implementation of administrative penalties for companies with outstanding tax returns. In terms of the Tax Administration Act of 2011, they are entitled to impose penalties for non compliance. This indicates a change in direction for SARS. Previously only individual penalties have been applied as many…

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09 Jul 2018

The most basic requirement for SARS to allow an “input” for Vat purposes is the requirement that the vendor needs to have a valid tax invoice. There are some criteria that needs to be met in order for the invoice to qualify as valid.  SARS allows for a distinction…

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18 Jun 2018

We have become aware of clients receiving SARS notifications relating to: Statement of accounts Imminent blacklisting due to overdue amounts Please note that the majority of these are phishing emails and should not be opened. Our suggestion to all clients is to check the validity of any emails received…

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04 Jun 2018

In an announcement today the South African Revenue Service has confirmed that tax filing season 2018 for non provisional taxpayers will be shorted to 4 months. Filing season 2018 will commence on 1 July 2018 and close on 31 October 2018 as opposed to November. This change in deadline only affects…

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16 Apr 2018

If you have forgotten your client password it is easy to reset. 1.) From the sataxcompany.co.za website landing page click on login (as below) 2.) Enter your login name (normally your email address) and click on the padlock button. (As below) The system will email you a password reset…

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06 Nov 2017

SARS have apologised for the incorrect SMS and letter reminders issued first week of November. This relates to the revenue service threatening legal action before the due date of the assessments issued. Here is the communication received from SARS: We are aware that some of your members and their clients…

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17 Oct 2017

The South African Revenue Service has issued a press release on 28 September relating to tax compliance. To view the official statement click: http://www.sars.gov.za/Media/MediaReleases/Pages/28-September-2017—SARS-to-clamp-down-on-outstanding-tax-returns-and-debt-.aspx It would seem that the revenue service is indicating a change in direction with regards to how it approaches compliance as a whole. In the…

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