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  • Sars

    • Watch Out For The Latest Scam SARS Emails

      15 Aug 2022 by Jasmine Stone / No Comments

      SARS generally issues warnings about scams as tax season kicks into gear and this year is no different.

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    • Important Update About SARS Auto-Assessments And Your Refund Delay

      11 Jul 2022 by Jasmine Stone / No Comments

      Social media is full of South Africans wondering (pleading) where their refunds are, having been quick of out the blocks come July 1.

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    • Taxpayers Leaving SA Are Getting Hit With SARS Rejection Letters

      26 May 2022 by Jasmine Stone / No Comments

      Deciding to emigrate isn’t as simple as selling your house and booking a flight abroad, of course, and that’s especially true when it comes to dealing with SARS.

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    • Posting On Social Media Can Land You In Hot Water With SARS

      06 Apr 2022 by Jasmine Stone / No Comments

      If you live in South Africa and your social media feeds show luxury assets, you better hope you have the payslips to justify that high life.

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    • Keep An Eye Out For These Potential Tax Hikes

      10 Feb 2022 by Jasmine Stone / No Comments

      Estimates on the cost of permanently increasing the Basic Income Grant vary wildly, with one study ranging between R160 billion and R520 billion annually.

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    • Don’t Forget About That January 31 Tax Deadline

      25 Jan 2022 by Jasmine Stone / No Comments

      Let me first ease your blood pressure by saying that January 31 is the deadline for provisional taxpayers, including trusts and companies.

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    • Good Luck Trying To Claim Home Office Expenses From SARS

      03 Dec 2021 by Jasmine Stone / No Comments

      According to one recent estimate, as many as 85% of working from home tax deduction claims submitted by individual taxpayers are being rejected by SARS.

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    • It’s Gone Rather Quiet On The ‘Exit Tax’ Front

      10 Nov 2021 by Jasmine Stone / No Comments

      The change would have a serious impact on those whose retirement plans involve moving abroad, so it’s being closely monitored.

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    • SARS Brings Out The Big Guns To Nab SA’s Wealthiest

      20 Oct 2021 by Jasmine Stone / No Comments

      In May, SARS announced it was forming an HWI unit, aimed at improving compliance amongst the country’s wealthiest citizens.

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    • There’s A Fine Line Between Tax Avoidance And Tax Evasion

      16 Sep 2021 by Jasmine Stone / No Comments

      Fail to pay your taxes, and SARS will come knocking, with a number of new initiatives targeting everyone from businesses through to wealthy South Africans.

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    • Thinking Of Emigrating? Watch Out For That ‘Exit Tax’

      16 Aug 2021 by Jasmine Stone / No Comments

      The National Treasury has now proposed a further tax on South Africans who intend to emigrate permanently.

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    • A Word Of Caution About That SARS Auto Assessment

      01 Jul 2021 by Jasmine Stone / No Comments

      Tax season is officially upon us, and in order to simplify and speed up the process, SARS will be actioning auto assessments. Before accepting, there are a few things to consider.

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    • SARS Is Sniffing Around For Information On SA Crypto Traders

      01 Jun 2021 by Jasmine Stone / No Comments

      Three of South Africa’s largest cryptocurrency exchanges have been approached by SARS, which is looking into South Africans involved in “the mining, speculation and/or investment in crypto assets”.

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    • Wealthy South Africans Can Expect This Letter From SARS

      06 May 2021 by Jasmine Stone / No Comments

      SARS is being rather proactive this year, with the first batch of ‘welcome letters’ to high wealth individual taxpayers already sent out.

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    • Tax Season – Here Are The Dates To Keep In Mind

      08 Apr 2021 by Jasmine Stone / No Comments

      Tax season – if those two words send shivers down your spine, you’re not alone. Here are the most important dates to jot down so you don’t miss a deadline.

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    • Earning Secret Airbnb Cash? SARS Will Have You

      12 Mar 2021 by Jasmine Stone / No Comments

      SARS issued a statement this week pointing out a high degree of non-compliance in the short-term rental sector, with Airbnb income clearly under scrutiny.

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    • Dodgy People Are Still Getting Caught After Flashing Their Wealth On Social Media [Videos]

      05 Mar 2021 by Carrie / No Comments

      If you’re going to be dodgy and flaunt your wealth, don’t post your activities to your public social media account in the middle of an economic crisis.

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    • Start Saying Goodbye To Section 12J Tax Breaks

      04 Mar 2021 by Jasmine Stone / No Comments

      The government’s announcement that it was killing Section 12J tax breaks has been met with much pushback. Thankfully, there’s still one more chance to max out your refund before it ends.

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    • Final Week To Score 100% Tax Deduction Through Property Investment – No Cash Required

      24 Feb 2021 by Jasmine Stone / No Comments

      A helping hand from the taxman doesn’t come around all that often, so here’s something you may want to consider before the tax year ends on Sunday.

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    • Final Chance To Score A 100% Tax Deduction Through Property Investment

      11 Feb 2021 by Jasmine Stone / No Comments

      The financial year ends on February 28, so the window of opportunity to maximise your tax return for the year is rapidly closing.

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    • These Simple Mistakes On Your SARS Tax Return Could Land You In Jail

      04 Feb 2021 by Carrie / No Comments

      Simple mistakes that might previously have earned taxpayers a slap on the wrist could now see you spending up to two years in jail.

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    • Watch Out For Tax Refund Scammers, Warns SARS

      08 Dec 2020 by Jasmine Stone / No Comments

      SARS is being inundated with desperate calls from taxpayers who have fallen victim to scammers promising to secure large tax refunds.

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    • One Step Closer To Tearing Up Your Cheque Book For Good

      13 Nov 2020 by Carrie / No Comments

      South African banks, and SARS, have declared that the cheque book could soon be a thing of the past.

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    • SARS Is Really Cracking Down On Tax Avoidance 

      04 Nov 2020 by Carrie / No Comments

      There’s a fine line between tax avoidance and tax evasion, and if you’re on the wrong side of it, SARS could be coming for you.

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    • Why You Shouldn’t Panic If SARS Audits You

      09 Oct 2020 by Jasmine Stone / No Comments

      Nobody likes receiving the news that they’re under audit from SARS, but there’s no need to panic just yet.

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    • You Could End Up In Jail For A Silly, Unintentional Error On Your Tax Return

      07 Sep 2020 by Jasmine Stone / No Comments

      Submitting a tax return to SARS is always a rather nervy affair, and now a proposed amendment to the law has practitioners worried about the implications.

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    • Read This Before Accepting Your SARS Auto-Assessment

      12 Aug 2020 by Carrie / No Comments

      If SARS issues you with an auto-assessment, usually done via SMS, you should first check that a few things are in order before accepting.

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    • Tax Season 2020 – Here Are The Important Dates

      08 Jul 2020 by Carrie / No Comments

      SARS has made some changes, and it’s safe to say that tax season will look a little different this year.

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    • SARS Announces Changes To Tax Season 2020

      15 May 2020 by Jasmine Stone / No Comments

      On May 5, SARS announced new tax filing seasons and a much more heavy-handed approach to those who don’t comply.

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    • Important Info Regarding SARS Interest And Penalties Incurred As A Result Of Coronavirus

      01 Apr 2020 by Jasmine Stone / No Comments

      What happens if your tax submissions are filed late as a result of COVID-19, and you incur interest and penalties?

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