Maintain

16 March 2023   The Travel Logbook Guide includes information for the 2023-24 financial year relating to the travel claims. Guidance includes the following topics: You can access the SARS guide for Travel logbook 2023-24 guide here.

3 March 2023 Interface specification version 6.503 trade testing dates and software implementation Directives April 2023 for Additional Passport Country Codes SARS will introduce enhancements to the Tax Directives process. The trade testing dates are still to be confirmed, and the implementation of the software is planned for the first quarter of the 2023/2024 financial …

Tax Directives trade testing – April 2023: Additional Passport Country Codes Read More »

20 January 2023 Provisional taxpayers have until 23 January 2023 to submit their annual income tax return. All outstanding tax returns need to be filed before 23 January to avoid administrative penalties. Late filing will attract administrative penalties. Who is a provisional taxpayer?  Any person who receives income or to whom income accrues other than …

Reminder: deadline to submit 2022 IT returns for provisional taxpayers Read More »

9 December 2022   The South African Revenue Service (SARS) has implemented enhancements to the Tax Directives system in line with the introduction of Par 2(2B) of the Fourth Schedule which requires that employees’ tax to be calculated and withheld at a fixed tax rate from an annuity. You can find out more about the …

Enhancements to the Tax Directives system Read More »

The following High Court Judgments were delivered: CSARS v Matsepe (40873/20) [2022] ZAGPPHC 801 (27 October 2022): Re: Sequestration of company director’s estate at SARS’s instance – reasons for sequestration order. Read the Judgment here. CSARS v Louis Pasteur Investments (Pty) Ltd and Others (A139/21) [2022] ZAGPPHC 754 (7 October 2022): RE: Procedure and evidence: …

New High Court Judgments and Labour Court Judgements Delivered Read More »

Tax Practitioners have the right to lodge a dispute when you are not in agreement with an assessment. SARS hosted a webinar to assist Tax Practitioners to educate taxpayers about their rights and obligations relating to the dispute process. The following topics was covered: Definition of the dispute process and the types of disputes that …

SARS dispute process: The rights and Obligations of Tax Practitioners and Taxpayers Read More »

The new online Traveller Declaration System is being introduced at all South African international airports, commencing with King Shaka International Airport on 29 November 2022. What does the new system entail?The new system allows travellers, including South African citizens and residents, leaving or entering South Africa by air to complete and submit an online traveller …

The South African Traveller Declaration System pilot project launched Read More »