FAQ: What is the Turn Around Time?
The official TAT is 21 working days from the date the last supporting document was uploaded.
FAQ: Can my Transfer Duty account be transferred between eFiling profiles?
Unfortunately Transfer duty account is not transferable between eFiling profiles
FAQ: How to request a TD refund on eFiling?
Make sure declaration is TD declaration is cancelled Use eAccount on eFiling to request a refund by click on refund and follow the prompts If indicate that no bank details and is requested, please go to TD-AE-02-G02 – Guide for Transfer Duty via eFiling – External Guide on page 68
FAQ: Will I receive a Mineral Royalty tax number on registration?
On registration you will receive an income tax reference number. On the registration form (RAV01) you may then subscribe for tax type MPRR and upon successful submission, you will receive an 814xxxxxxx number to be used for the declaration of Mineral Royalty. In the meantime you may still use the Income tax reference number upon […]
FAQ: Who is exempt from the Mineral Royalty?
Certain small Businesses are exempt from Mineral Royalty. The following conditions must be met on an annual basis: The gross sales of the extractor in respect of all mineral resources transferred do not exceed R10 million during the year. The Royalty in respect of all the mineral resources transferred that would be imposed on the […]
FAQ: Is the Mineral Royalty payable on my profit?
No. The Mineral Royalty is payable on your gross sales for the particular mineral resource.
FAQ: Do I need to pay the Mineral Royalty even if I am making a loss?
Yes. A minimum royalty rate of 0.5% must be paid even if you are making a loss.
FAQ: Will penalties be levied on underestimation of royalty payable?
Yes. If the royalty paid is underestimated by an amount of more than 20%, the Commissioner may impose a penalty that may not exceed 20% of the amount underestimated.
FAQ: Who do I contact for further assistance if I cannot resolve the issue with the guidance provided?
The SARS Contact Centre will be able to assist with the following queries: Registration related enquiries. Subscription to the MPRR tax type. eFiling profile creation and activation for MPRR, in order to be able to make MPRR payments. Steps to follow for Contact Centre Support: Phone 080-000-7277 Either select Option 3 (Large Business and International/LBI […]
FAQ: What are the requirements for SARS to process and finalise a MPRR deregistration request?
Your MPRR Deregistration largely depends on your tax compliance status. Kindly ensure that all outstanding returns, documentation and payments have been finalised. The request for deregistration will be subject to the standard validation/review process applicable to any other tax type deregistration. A formal notification will be issued to you informing you of outstanding tax matters, […]
