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The South African Revenue Service (SARS) is reportedly gearing up for an aggressive revenue recovery drive, targeted at any ...
You pay less tax because Sars calculates your tax based on a lower income figure. You could receive a tax refund when you submit your annual tax return. Your savings grow tax-free in your ...
He says after you submit your tax return, Sars “assesses” it by reviewing your calculations to determine if you’ve underpaid or whether you qualify for a refund. For most new employees ...
Keep employee records for at least five years after tax returns have been submitted. SARS has launched e@syFile™ Employer – version 8.0. The platform was specifically redesigned to enhance ...
Commissioner of the South African Revenue Service (Sars), says the organisation will ensure the necessary changes are made to reflect the decision to reverse the increase in value-added tax (Vat).
South Africa recognizes Forex trading as a legitimate activity, and the South African Revenue Services (SARS) requires South African ...
But here’s the good news: If you’re facing mounting tax debt, you’re not alone – and more importantly, you have options. Sars offers several legal mechanisms to help businesses manage, reduce, or even ...
The Commissioner for the South African Revenue Service (SARS), Mr. Edward Kieswetter has noted the ... and field 18 (for input tax) of the VAT return. Adjustments in the form of refunds of the 0.5% ...
SARS is reportedly gearing up to tackle R300 billion in unpaid taxes with its new ‘AmaBillions’ initiative, aiming to recover ...
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