16 September 2022 Customs cargo delays at Lebombo border post of the new Temporary Import Permit (TIP) payment system. No cash is accepted anymore, transporters without cashless activation should enter the N4 beyond last tollgate to avoid long standing times.
15 September 2022 Income Tax Act, 1962, and Securities Transfer Tax Act, 2007 BPR 378 – Transfer of listed financial instruments to collective investment schemes in exchange for participatory interests This binding private ruling is valid for a period of three years from 10 May 2022. What are Binding Private Rulings? Binding Private Rulings (BPR) are issued …
16 September 2022 Amendment to rules under sections 19A and 120 – Substitution of form DA 260 to provide for alcohol powder products. Substitution of forms were substituted: DA 185.4B1 Licensing Client Type 4B1 DA 260 Excise Account: Traditional African Beer and Alcohol Powder Products (SVM) DA 260.01 Excise Account Schedule (Production): Traditional African Beer …
Amended Forms to Provide for Alcohol Powder Products – Notice R2470 and R2484 Read More »
16 September 2022 Tariff headings 2711.13.10 and 2711.29.10 do not require ITAC Import Permit. You can download the list of prohibited and restricted items here.
What is the ADR1 form? A manual process is utilised to submit disputes for all other taxes excluding CIT, PIT, VAT and PAYE, except for the specified CIT and VAT exceptions. The dispute form to utilise is the online Notice of Objection (ADR1), which can be submitted: At the nearest SARS branch or By email …
16 September 2022 SARS introduced validation processes for data captured on the tax directive application form against the information held by the Financial Sector Conduct Authority (FSCA). The following data will be validated: The registered fund name; Participating employer name; and FSCA registration numbers (participating employer number included) should be captured as it is on …
16 September 2022 This Year, The Employer Interim Reconciliation Declaration (EMP501) Submission Period Opens On 19 September 2022 And Closes On 31 October 2022. Employers Are Required To Reconcile Their Monthly Employer Declarations (EMP201) For The First Six Months Of A Reconciliation Year (1 March 2022 To 31 August 2022). These Reconciliations Are Based …
Employer Interim Reconciliation submission is from 19 September to 31 October 2022
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14 September 2022 SARS invites all interested parties to join the webinar on Thursday 22 September 2022 with the following details: Theme: Completion of VAT Return (VAT 201) for SMMEsDate: Thursday, 22 September 2022Time: 17:00 – 19:00Platforms: Find the YouTube link here If you have questions about VAT, please send an email to vatquestions@sars.gov.za. The following topics will …
SARS invites you to join an SMME webinar on VAT 201 forms Read More »
14 September 2022 SARS announced that this year’s Employer Interim Reconciliation Declaration (EMP501) submission period opens on 19 September 2022 and closes on 31 October 2022. Submission channels: Employers with fewer than 50 employees can use either SARS eFiling or SARS e@syFile™. If the employer has 50 or less IRP5/IT3(a) certificates, the payroll system will …
Employer EMP501 Reconciliation Submission Opens on 19 September Read More »
8 September 2022 Income Tax Act, 1962 – Binding Class Ruling: BCR 081 Binding Class Ruling 081 relates to Section 8E and 8EA on hybrid equity interest or third-party backed share. This ruling determines whether a participatory interest held by a class member in a collective investment scheme (CIS) in securities constitutes a “hybrid equity …
Binding Class Ruling on hybrid equity interest or third party backed share (BCR 081) Read More »
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