Tag: Tax Consulting SA

At the end of October 2025, the South African Reserve Bank (SARB) introduced significant changes to how cross-border income transfers are processed. These updates tighten compliance and strengthen the alignment between SARB and the South African Revenue Service (SARS). Under SARB’s new rules, no South African-sourced income may be transferred abroad until SARS verifies an individual’s non-resident tax status and overall tax compliance.

The matter of CSARS vs Africa Cash and Carry (Crown Mines) (Pty) Ltd and Another showed the importance of responsible tax-debt management within corporate groups. It also showed how the South African Revenue Service (SARS) assessed financial capacity.

With the South African Rand (ZAR) hovering at its strongest level since the start of 2025, at around R17.30 to the US dollar, many high-net-worth individuals (HNWIs) are enquiring about urgently moving funds offshore before year-end to take advantage of the currency’s current strength.

Many South Africans working from home are asking which home office expenses they can claim as tax deductible items. They also want to know how to claim them correctly. This question is especially relevant for the growing number of South African employees working remotely for global companies. Increasingly, these employees are turning to tax practitioners for guidance regarding home office tax claims.

For many taxpayers, especially expatriates, managing South African tax obligations from a distance can be complicated. Years may pass without any direct interaction with the South African Revenue Service (SARS). During that time, key details such as contact information, banking details and tax number status often become outdated.

A recent Gauteng High Court judgment has brought clarity on the interaction between consolidation orders under the Companies Act and the South African Revenue Service’s (SARS) powers to raise tax assessments. In Prinsloo and Others N.O. vs CSARS and Another (020214-2023) [2025] ZAGPJHC (29 August 2025), the court quashed an attempt by liquidators to set aside SARS assessments against a Ponzi scheme.

Social influencers in South Africa must declare all income, including non-monetary compensation, as clarified by the South African Revenue Service (SARS)! On 5 September 2025, SARS issued a media release. It stated its zero-tolerance position regarding social influencers and undeclared income.

The South African Revenue Service (SARS) has officially discontinued the printing and posting of all system-generated letters, effective 31 May 2025. From this date forward, all correspondence will be delivered electronically via eFiling and other digital platforms. This shift reflects the fact that SARS discontinues printed letters as part of its broader digital strategy.

The South African Revenue Service (SARS) is no longer the passive revenue service many South Africans remember. With an injection of R3.5 billion from the national budget and the ominous launch of “Project AmaBillions”, SARS has entered its most aggressive enforcement phase in years.

Since the South African Revenue Service (SARS) introduced the Crypto Revenue Augmentation Unit, many taxpayers who have traded, invested in or used crypto assets for purchases have received Audit and Request for Relevant Material Notices.