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Tag: Taxpayers

Budget 2024 reactions

Frank Blackmore, Lead economist at KPMG On the surface of it, it seemed as if this 2024 budget covered a lot of the bases, which were expected prior to the budget. We...

Leaving SA for international pastures? What you need to know about tax emigration

According to the South African Revenue Service (SARS), over 40 500 taxpayers have ended their tax residency in South Africa over the past five years, as they seek out new opportunities...

Tax and technology – taxpayers need to be prepared

Authored by: Reinert van Rensburg, Attorney and Tax Practitioner at Leap Group. THE South African Revenue Service (SARS) is currently working towards automating the tax return submission process for all South African...

SAICA advises taxpayers to carefully examine SARS auto assessments

The South African Institute of Chartered Accountants (SAICA) encourages taxpayers issued with an auto assessment from the South African Revenue Service (SARS) to carefully examine it before treating it as correct. For...

Work from home claims need to be carefully considered, taxpayers warned

The South African Revenue Service (SARS) has urged taxpayers to carefully consider working from home expenses before submitting claims to the revenue collector. SARS recently published an update on its website in...

Relieved taxpayers – thanks to higher than expected tax collections

With the National Treasury announcing plans in October 2020 to increase the tax take by R40 billion over the next three years, South African businesses and employees were no doubt cheered...

SARS says failure to submit a tax return can get you a criminal record

Taxpayers who do not submit their tax returns will end up with a criminal record, the South African Revenue Service (SARS) said on Monday. In its statement, the revenue service...

MUST READ

Woolies ESD programme backs 32 businesses with R391.7m in support in...

By Larry Claasen Woolworths’s Enterprise and Supplier Development (ESD) programme has given emerging businesses a much-needed boost by providing “procurement opportunities” to the value of...

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