Tag: SARS
What your tax bill could look like next year
No changes to personal income tax, VAT and corporate tax rates expected.
National Treasury does not expect that personal or corporate tax rates...
SA could face another VAT increase, say experts
South Africans should brace themselves for the possibility of another VAT hike as Sars struggle to raise enough tax.
Senior tax consultant Bernard...
EFF to introduce private bill to combat ‘aggressive tax avoidance’ by multinationals
The EFF is working on a private member's bill that it says will eliminate legal loopholes and grey areas that allow multinational corporations to...
Consultancy firm ban relieves partner of duties, to set aside SARS fees
PRETORIA - Consultancy firm Bain and Company which carried out the disastrous restructuring at the South African Revenue Service (Sars)has relieved its managing partner of...
SARS’ Mathebula recruitment questioned amid allegations Moyane flouted conflict of interest policy
Suspended SA Revenue Service (SARS) commissioner Tom Moyane might have violated the tax body's internal policy on conflict of interest when he allowed his...
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.
...
SARS outlines its position on Bitcoin and other cryptocurrencies
The South African Revenue Service (SARS) will continue to apply normal income tax rules to cryptocurrencies and will expect affected taxpayers to declare cryptocurrency...
Trade surplus falls to R8.9 billion
Data from the SA Revenue Services (Sars) yesterday showed that the country’s trade surplus decreased to R8.9billion in July from a downwardly revised R10.5bn...
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