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SARS Commissioner vs tax practitioners – do your due diligence

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During the April 2024 SARS Revenue Results Announcement Media Conference, the South African Revenue Service (SARS) Commissioner brought to light concerning observations regarding non-compliance and delinquent behaviour by tax practitioners.

Ceasefire of Section 164 in SARS’ war on non-compliance

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Dispelling accusations of any revenue collector can feel like the fight of your life, especially where you are factually not on the wrong side of the law! Amongst these collectors, the South African Revenue Service (SARS) stands firm as one of the most strategic movers, turning the fight into an all-out war, the war on non-compliance!

Safeguarding your company – impact of CIPC information breach

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Reparative measures may have been taken to remedy the Companies and Intellectual Property Commission hack which reportedly took place on 29 February 2024 however this information breach may have long-lasting and detrimental effects!

SARS targets representative taxpayers for company tax debts

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With the corporate tax collection deficit announced in September 2023, South African Revenue Service (SARS) is dead set on filling at least this fiscal pothole. How will they do this you may ask; well, amongst other avenues, SARS are exploiting the Tax Administration Act, which provides for instances in which the representative taxpayer, employer, or vendor, will be held personally liable for a company’s tax debt!

Hawks and SARS on the hunt – VDP your tax redemption

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The fiscal pressures on South African Revenue Service's (SARS) tax collection appear to have now compelled SARS to actively initiate the arrest and prosecution of taxpayers who do not accurately declare their taxable income. For long time, it has been warned that SARS possesses third-party information from banks, financial institutions, estate agents, car dealerships etc., enabling them to identify those who are not declaring their income correctly.

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.

SARS open to engage with remote workers & tax advisors

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The draft tax law amendment published in August and targeting foreign employers has inadvertently led to an uproar amongst South African remote workers who fear the law change may disincentivise foreign employers from retaining the services of South African talent.

The downfall of crafty taxpayers who hide income and rely on...

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All taxpayers should arrange their tax affairs to obtain the best advantage and to pay the least amount of tax. This is a right every taxpayer possesses, and well entrenched in South African and international tax law. However, this planning must be done within the constraints of what the law allows.

Tax hurdles for remote workers and digital nomads

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South Africa remains a hot spot for remote work. On the one hand, digital nomads and remote workers with foreign employers get to enjoy the South African lifestyle, good weather, and the luxury of earning Dollars and Pounds. On the other, foreign companies benefit from employing skilled South Africans, comparatively cheaper than their foreign counterparts, and without the burden of adhering to South African tax compliance regulations.

Draft Tax Law Amendments – what you need to know

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On 31 July 2023, National Treasury released their annual draft tax law amendments, for public comment. Although still at the draft stage, there are some pertinent proposed changes for which the supporting systems have already been implemented i.e., the “Beneficial Ownership Registers”.

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