The South African Revenue Service (SARS) has released new tax filing guidelines for corporate and individual taxpayers for 2021 financial year and charged tax professionals in the country to enlighten taxpayers on the new requirements for timely compliance. According to theTax Practitioner Connect, the electronic newsletter for South African tax practitioners published today, under the […]
Workers of the South Africa Revenue Service (SARS) on Tuesday called off their four-day strike following their acceptance of the fiscal authorities’ offer of eight percent wage increase in 2019 and a CPI-plus-2-percent rise for 2020-21. The deal was struck following negotiations with the authorities by a union representing about half its employees, National Education, […]
President Cyril Ramaphosa on Wednesday announced Edward Kieswetter as the new Commissioner for South African Revenue Service (SARS) with effect from 1 May 2019 for a term of five years. He said that the process for the appointment of the SARS Commissioner was informed by the SARS Act and was guided by the recommendations of […]
Popular South African actor, Rapulana Seiphemo, on Tuesday admitted that he contravened tax laws for failing to file his tax returns for upward of four years. The South African Revenue Services (SARS) had alleged that Seiphemo, popularly known as Tau Mogale, defaulted in tax remittances from 2013 to 2017 to the tune of over R48 […]
South African taxpayers who intend to file their tax returns electronically are by the regulatory guidelines expected to comply latest today, failing they will be sanctioned by the tax authority – South African Revenue Service (SARS) Specifically, the affected taxpayers who missed the deadline to file their personal income tax returns on will pay penalties […]