Tag: Taxpayers
Filing Season for taxpayers set to start in July
With Filing Season for the 2024 tax year set to commence in July, the South African Revenue Service (SARS) has announced that the pool of taxpayers who will be auto-assessed will...
Election time: don’t complain if you don’t vote
The usual circle of concerned conversationalists congregating at the local Pub & Grill was talking politics despite The Governor’s ban. 29 May is election day, after all. The issue was coalition...
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...
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South Africa’s economy facing optimistic future
KPMG shares insights from their South Africa Economic Outlook
In search of fiscal consolidation
Positive post-election sentiment coupled with improved energy availability and reduced inflation...