RLA compliance for importers and exporters: Urgent action required to avoid disruptions
First introduced by SARS in 2020, the Registration, Licensing and Accreditation (RLA) platform provides a digital facility for Customs and Excise clients to register, license, and manage their profiles. The system has since undergone several enhancements and now serves as SARS’s central platform for all Customs client registrations and updates. In accordance with the Customs […]
Corporate Income Tax: Verification of Income Tax returns
Effective from 16 September 2022 the South African Revenue Service (SARS) discontinued the requirement to submit an IT14SD when a corporate tax return (ITR14) is identified for a verification. The IT14SD was consequently replaced with a letter requesting relevant supporting documents based on the reason for verification of the ITR14. What does this mean? […]
SARS scams and fake e-mails
With the filing season officially open and many taxpayers expecting possible refunds, it is unfortunately also a great opportunity for criminals to obtain personal details of taxpayers in order to commit fraud. Taxpayers randomly receive false emails made to look as if these e-mails were sent from SARS. These are fraudulent e-mails aimed at enticing […]
Belastingafdeling: Ons missie
Gegewe die Suid-Afrikaanse Inkomstediens (die SAID) se onvoorspelbaarheid en voortdurend veranderende stelsels, vereistes en prosedures is dit deel van ons missie om deurgaans op hoogte te bly van alle nuwe verwikkelinge en dateer ons ons kennisbank deurlopend op met enige verwikkelinge by die SAID. Dit is om te verseker dat kwaliteit diens gelewer word aan […]
Employees’ tax reconciliation 2018
April to May each year is the time that employers are given to perform their employees’ tax reconciliation. During this Employer Reconciliation process, employers are required to submit an EMP501 declaration which reconciles the taxes collected from employees with the monies paid to SARS and the total tax value of employees, income tax certificates (IRP5), […]
Werknemersbelastingrekonsiliasie 2018
April tot Mei is jaarliks die tydperk wat werkgewers gegun word om hulle werknemers se belastingrekonsiliasie uit te voer. Tydens hierdie werknemersrekonsiliasieproses word daar van werkgewers vereis om ’n EMP501-verklaring in te dien. Hierdie verklaring rekonsilieer die belasting wat van werknemers ingesamel is met die geld wat aan die SAID betaal is en die totale […]