Naledzani Mamuremu

Notice The Customs External Policy Document regarding registration, licensing and designation effective from 1 October 2021 was updated. Find the guide Here. Information and Implications The facility codes used in Box 30 on the Customs Clearance Declaration (CCD) have been updated to include the licensing of a new container depot in Cape Town. Implications if the …

Customs Registration Licensing Document was updated on 19 April 2022 Read More »

Notice On 19 April 2022 SARS issued an anti-fraud leaflet. Find it Here. Information and Implications Guidance is provided on how to protect taxpayers’ eFiling profiles, for instance: Taxpayers to activate the One-Time-Pin (OTP) security feature on their eFiling profile Taxpayers to log-off completely after accessing their eFiling profile, etc. This is important for the accountant …

SARS issued anti-fraud leaflet to raise awareness on how to protect taxpayers eFiling profiles Read More »

Notice Employers are required to submit their Employer Reconciliation (EMP501) by 31 May 2022 Information and Implications It is advised to file the EMP501 well in advance, to allow time to resolve queries, should the South African Revenue Service (SARS) reject the EMP501 after the submission date.  The effect of this is that the EMP501 …

Reminder of Employer Reconciliation Declarations due 31 May 2021 Read More »

Notice The guide to Complete Tax Directive Application Forms was updated with certain legislation changes. Information and Implications Legislative changes to the Tax Directives process have been implemented by SARS. The following information is important for Fund Administrators, Insurers, Tax Practitioners, Advisors and taxpayers:1.) Taxpayers who are members of a pension preservation or provident preservation …

Tax Directives legislative changes implemented from 25 April 2022 Read More »

Notice From 25 April 2022 the PAYE request for remission or dispute process for Administrative penalties is available only on SARS eFiling. Information and Implications SARS will no longer accept manually filed PAYE disputes and penalty remission requests. The PAYE request for remission or dispute process for Administrative penalties is now available on the existing …

Pay-As-You-Earn (PAYE) disputes and penalty remission requests manually submitted no longer accepted from 25 Apr 2022 Read More »

Notice The South African Revenue Service (SARS) released trade statistics for March 2022 recording a preliminary trade balance surplus of R45.86 billion. Information These statistics include trade data with Botswana, Eswatini, Lesotho and Namibia (BELN). The year-to-date (01 January to 31 March 2022) preliminary trade balance surplus of R62.10 billion is a deterioration from the …

SARS released trade statistics for March 2022 Read More »