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Unforeseen tax debt arising from crypto trading

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Landing in a position of indebtedness to South African Revenue Service (SARS) can be quite a stressful journey on its own; if forgetting to leave room for crypto profits or gain, in your suitcase, the destination becomes all that more daunting.

Lifestyle audits – SARS answers the question of selective prosecution

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The question of 'Selective Prosecution' has been asked since 2007 when the South African Revenue Service (SARS) started using lifestyle audits on private individuals. The selection basis, was the means of the individual, in contrast to their standard of living, and was conducted on individuals where there was a suspicion of criminal activity.

Demands in December – SARS’ pre-emptive strike during the ‘dies non’...

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The South African Revenue Service (SARS) has made evident its no-nonsense stance in media statements over the preceding months and shown that actions speak louder than words in light of the recent judgements of the Pretoria High Court on the state capture loot, and Zuma’s tax records.

The future of tax collection – SARS to enter the ‘tech-age’

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It has long been on the cards that the South African Revenue Service (SARS) should upgrade their systems and modernise the fact of tax in South Africa. This would enable the easier facilitation of compliance for the country’s growing tax base.

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