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Tax returns: do the right thing or face the consequences

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The Commissioner of the South African Revenue Services (SARS), Edward Kieswetter, briefed the media and stakeholders on 30 July 2020 to provide an update in terms of SARS’ plans in respect of the 2020 Filing Season. The theme for this year’s filing season is #YourTaxMatters.

PODCAST | Important court win for small business owner against SARS

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An interview with Jean-Louis Nel, Tax Attorney, Tax Consulting SA, and Dr Ivor Blumenthal, CEO, ArkKonsult, discussing how the Pretoria High Court granted a small business owner an urgent basis for relief against SARS who depleted his bank account without following due process.

Important court win for small business owner against SARS

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Earlier this month, the Pretoria High Court granted a small business owner an urgent basis for relief against the South African Revenue Service (SARS) who depleted his bank account without following due process. The court ordered SARS to set aside the third appointment of Absa who collected R1.3 million on behalf of SARS from the taxpayer’s bank account in terms of Section 179 of the Tax Administration Act (TAA).

In bed with SARS – a doable tax efficient investment scenario

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If you’re ever feeling a little hard-done-by thanks to SARS, know this: Government has done an outstanding job of encouraging investment and stimulating job creation (COVID-19 aside) by introducing some really forward-thinking tax incentives.

You may owe SARS next year if you are receiving a...

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You may owe SARS money next year if you receive a travel allowance and aren’t travelling for business because of COVID-19. Most employees have travelled less for business this year than they would in the pre-COVID-19 world.

Constitutional court gives hefty SARS blow to franchise Industry

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Talk about bad timing. The Constitutional Court on 21 July 2020, after some 250 days of deliberation, decided that the way in which many franchise operators have been claiming their tax expenses does not rank for tax relief. SARS must be extremely pleased with the win, only the 4th ever tax related judgement delivered by the Constitutional Court since its inception.

PODCAST | VAT – your key to unlocking the COVID-19 cashflow...

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An interview with Kevin Black, Director, VAT Claims International, and Dr Ivor Blumenthal, CEO, ArkKonsult, discussing how COVID-19 and the lockdown has severely impacted business cash flows. Surviving the shock is challenging the resilience of enterprises and executives.

Taxpayer’s right to be notified is a matter of administrative justice

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The High Court in Pretoria recently ruled that taxpayers have a right to be notified before SARS appoints an agent to collect ‘outstanding tax debt’. This is a victory for both taxpayer rights and the wider cause of administrative justice.

Supplementary Budget Speech: what was not said

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Sometimes the focus should not be on what was said, but rather on what was left unsaid. The Supplementary Budget tabled by Minister Tito Mboweni on 24 June 2020, centred around the potentially disastrous trajectory of South Africa’s fiscal affairs.

Supplementary Budget Speech 2020 – 24 June 2020

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Finance Minister Tito Mboweni delivered his Supplementary Budget Speech 2020 to (a virtual) Parliament on June 24. Against the backdrop of a pandemic and deepening economic recession, the minister released adjustments to the February budget numbers, also promising a second round of adjustments in October alongside the Medium‐Term Budget Policy Statement (MTBPS).

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