PHASE 1 – 15 APRIL TO 31 MAY 2020 EMP 501 payroll reconciliations to be lodged by all employers. Third party data from banks, pension schemes, medical schemes, financial services, etc, will be collated and reviewed by SARS. SARS will…
PHASE 1 – 15 APRIL TO 31 MAY 2020 EMP 501 payroll reconciliations to be lodged by all employers. Third party data from banks, pension schemes, medical schemes, financial services, etc, will be collated and reviewed by SARS. SARS will…
SOUTH AFRICAN REVENUE SERVICE No. JUNE 2018 RETURNS TO BE SUBMITTED BY A PERSON IN TERMS OF SECTION 25 OF THE TAX ADMINISTRATION ACT, 2011 (ACT NO. 28 OF 2011) In terms of section 25 of the Tax Administration Act,…
The mandate of the Tax Ombud is to review and address any complaint regarding a service, procedural or administrative matter arising from the application of the provision of the Act by SARS. The office will investigate the matter and notify…
If you owe SARS more money than you can afford to pay then you are a candidate for a tax compromise. In a nutshell SARS is willing to “park” some (not all) of your current debt in order to ensure…
31 August 2015 is the deadline for the 1st 2016 provisional tax return for individuals, trusts and companies with a February year end. It is an often misunderstood tax especially with regard to its workings. This is not helped by…
In our June 2015 newsletter we set out the requirements where the submission of a 2015 tax return would not be required. Briefly these are where an individual earn less than R350 000 per annum and fulfils a series of…
The 2015 tax season (March 2014 to February 2015) opens on 1 July 2015 and this raises the annual question of which individuals are required to submit an IT12 annual tax return. As per Government Gazette 38874 dated 12 June…