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The Customs Division of South African Revenue Service (SARS), using modern risk detection systems and working with other law enforcement agencies, have seized illicit cigarettes, hookah-pipe tobacco and scrap metal with a total tax prejudice of R40-million.
This past week witnessed the tax world focusing on taking tax transparency and exchange of information to the next level during the annual OECD Global Forum on Tax Transparency and Exchange of Information for Tax Purposes (Global Forum) 15th Plenary held in Seville, Spain from 9-11 November 2022.
National Treasury and the South African Revenue Service (SARS) have jointly published the 17th annual edition of the Tax Statistics. The 2024 edition reviews tax-revenue collection and tax-return information for the 2020 to 2024 tax years, as well as for the 2019/20 to 2023/24 fiscal years.
10 December 2024 – National Treasury and the South African Revenue Service (SARS) have jointly published the 17th annual edition of the Tax Statistics. The
Welcome to the latest edition of Tax Practitioner Connect, the electronic newsletter for tax practitioners that keeps you up to date with the tax matters
1. Introduction According to a 2020 Trans Union report, as a result of the COVID-19 Pandemic, 95% of SMMEs (i.e., 2.55 million in RSA) reported
The 14th Tax Statistics publication will be published on 20 January 2022. The 2021 edition will provide an overview of tax revenue collections and tax return information for the 2017 to 2020 tax years, as well as the 2016/17 to 2020/2021 fiscal years.
Employer Annual Reconciliation period The submission period for the Employers’ Annual Reconciliation Declaration (EMP501) is 1 April to 31 May 2024. These reconciliation declarations (EMP501) should include the
SARS will be migrating to a new hosting platform for its electronic services in April 2019. This new and reliable platform features the latest technology on the market, and includes a refresh of SARS’ hardware and software.
National Treasury and the South African Revenue Service have published the 15th annual edition of the Tax Statistics. The 2022 edition provides an overview of tax revenue collections and tax return information for the 2018 to 2022 tax years, as well as the 2017/18 to 2021/22 fiscal years.
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