Showing posts with tag "sars"

Here are the taxes you probably didn’t know you were paying in South Africa

The South African Revenue Service (SARS) has published its tax statistics for 2021, providing a breakdown of revenue collections in South Africa right now.

February 4, 2022
tags
finance

South Africa has published updated tax ‘rules’ – what you should know

The Office of the Tax Ombudsman (OTO) has published its first compendium of taxpayers, rights and obligations in South Africa.

February 2, 2022
tags
finance

Big drop in tax collections in South Africa

National Treasury and the South African Revenue Service (SARS) have published the annual Tax Statistics for 2021.

January 25, 2022
tags
finance

SARS is on tech and data science hiring drive

The South African Revenue Service (SARS) has launched a new recruitment drive, targeting highly skilled workers to help build a data-driven ‘smart tax authority’.

January 17, 2022
tags
finance

SARS warns about January tax change that could see taxpayers pay penalties

The South African Revenue Service (SARS) is expecting a significant jump in income tax returns in 2021, with over 4.3 million non-provisional tax returns submitted to date.

December 13, 2021
tags
finance

SARS boss Edward Kieswetter sends warning to tax evaders

The South African Revenue Service says it is working hard to increase and expand the use of data to improve the integrity of outcomes and enhance its capability to detect instances of non-complianc...

December 10, 2021
tags
finance

SARS to introduce retirement fund tax changes in 2022

South African taxpayers who receive income from retirement funds and other sources will see changes in the monthly taxes they pay in 2022.

December 8, 2021
tags
finance

SARS is looking at a new taxpayer ID system in South Africa – what you should know

The South African Revenue Service (SARS) has published a Request for Information (RFI) for a new ‘biometric solution’ to help identify and authenticate taxpayers.

November 29, 2021
tags
technology

Warning over SARS deadline change

South Africans should be cautious of more severe punishments for non-compliance, says Jean du Toit, head of tax technical at Tax Consulting SA.

November 24, 2021
tags
finance

SARS extends tax deadline due to load shedding and other issues

The South African Revenue Service (SARS) has extended the filing season deadline for non-provisional individual taxpayers from 23 November 2021 to 2 December 2021.

November 23, 2021
tags
finance

SARS is sharing data with other countries to crack down on tax evasion

The South African Revenue Service (SARS) says that more information on more than 75 million financial accounts, covering total assets of around R160.4 trillion, is being automatically exchanged by ...

November 23, 2021
tags
finance

How to claim work from home expenses for tax: SARS

The South African Revenue Services (SARS) says that workers are allowed to claim for home office expenses – but only under very specific circumstances.

November 18, 2021
tags
finance