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Tag: SARS

Crypto assets: Are you prepared for the taxman?

South African taxpayers must realise that the time to regularise their cryptocurrency assets with the South African Revenue Service (SARS) has come, says Diane...

SARS warns against defrauding the entity

The South African Revenue Service (SARS) has warned officials and the public against defrauding the entity as action will be taken against those who...

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...

SARS streamlines auto assessments for the 2022 tax filing season

Taxpayers who are satisfied with their auto assessments need not take any further action, under the new procedures introduced by SARS for the 2022 tax filing...

SARS to implement tax relief measures

The South African Revenue Service (SARS) will implement tax relief measures in response to the continuing COVID-19 pandemic and recent civil unrest. At the weekend,...

How to stop being a tax resident in South Africa, according to SARS

The decision of whether an individual ceases to be a tax resident in South Africa is based on a number of both objective and...

SARS is targeting South Africans who have ‘unexplained’ wealth

South African Revenue Service (SARS) commissioner Edward Kieswetter says that the revenue collector has profiled a number of high-net-worth individuals who enjoy a ‘luxurious’...

SARS warns of new scam targetting taxpayers

Taxpayers are urged to be extra cautious this festive season, as a new scam has emerged in which fraudsters are exploiting desperate victims for...

Shrinking SARS income shows crucial importance of business

When only three million South Africans out of a total population of 56 million pay 38% of total tax revenue through their personal income...

This ‘small’ tax change will hit South African cryptocurrencies hard

South African innovators hoping to position the country as a hub for fintech innovation are bound to be disappointed by a seemingly small tax...

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