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…

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…

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…

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…

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…

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…