Office of Tax Ombud ready to assist with complaints against SARS

[ad_1] While the Office of the Tax Ombud (OTO) is committed to those seeking assistance with their tax complaints against the South African Revenue Service (SARS), Tax Ombud Yanga Mputa…

SARS changes the rules for certain businesses in South Africa

[ad_1] Starting 1 December 2023, the South African Revenue Service (SARS) is set to introduce new advance payment notification (APN) requirements. These modifications are aimed at tackling unlawful cash outflows…

SARS makes big move on Bitcoin and crypto assets in South Africa

[ad_1] The South African Revenue Service (SARS) has joined close to 50 other jurisdictions around the world in pledging to adopt a new Crypto-Asset Reporting Framework (CARF) developed by the…

Tax deadline fast approaching in South Africa – don’t expect any forgiveness from SARS

[ad_1] South Africans who have not submitted their tax returns should do so quickly, as it is incredibly unlikely that the South African Revenue Service will give them an extension.…

SARS apologises to taxpayers for legal threats | Business

[ad_1] Sars commissioner Edward Kieswetter. SARS issued a general warning on 24 October via SMS cautioning that failure to submit a tax return was a criminal offence and…

This is how much money SARS sniffed out from South Africa’s richest taxpayers

[ad_1] The South African Revenue Service has published its annual report for the 2022/23 financial year, ending March 2023. While the report features many of the stats and tax data…

Fuel shortage hits crucial port after SARS crackdown on bunker ships | Business

[ad_1] The SA Maritime Authority in January announced the moratorium on new licences for bunkering would be lifted. Pablo Blazquez Dominguez/Getty Images) Four bunker tankers and an oil…

Fears about fuel crunch after SARS impounds ships | Business

[ad_1] The SA Maritime Authority in January announced the moratorium on new licences for bunkering would be lifted. Pablo Blazquez Dominguez/Getty Images) Shipping agencies have raised the alarm after the…

SARS updates tax payment rules – changes for banks in South Africa

[ad_1] The South African Revenue Service (SARS) has updated its Payment Rules Guide for 2023. The guide now reflects that two more banks – Bank Zero and African Bank –…

SARS wants to change VAT collection in South Africa – this is how

[ad_1] The South African Revenue Service (SARS) has published a discussion paper on ways to modernise the VAT collection process. Joon Chong from Webber Wentzel said that VAT is the…