September 29, 2022

Impact of SARS Industrial Action on Tax Practitioners

Results of a SAIBA tax practitioner survey August 2022 During August 2022 SAIBA conducted a survey to access the impact that the SARS strike had on the businesses of tax practitioners. Results revealed that the lack of communication posed the biggest challenge. Frustrations experienced were highest due to lack of assistance from SARS staff members, …

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Auto Registration for Personal Income Tax Will Be Initiated from October 2022

28 September 2022 From October 2022 an individual may be automatically registered for personal income tax if SARS detects 3rd party data that indicates economic activity. SARS will send an SMS and a letter to such an individual, officially welcoming them as a registered taxpayer. What are the next steps? Newly registered taxpayers to register …

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Public trusts tax authorities more when corruption is less – shows global survey

22 September 2022 Taxpayers’ attitudes about paying taxes correlate closely with perceived levels of corruption, according to a major new study, by accountancy bodies ACCA and the International Federation of Accountants (IFAC). Data has been collected since 2017 across the G20 on attitudes and opinions of the public. A survey across 14 countries found that trust …

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