2020 Tax filing season due to COVID-19

On 5 May 2020, SARS Commissioner Edward Kieswetter announced key changes to the upcoming tax filing season for personal taxes, which will comprise three phases. Phase one – Employer filing (15 April 2020 – 31 May 2020) It was noted that employers’ compliance with payroll taxes (PAYE) would be of vital importance and that there […]

COVID-19 Tax relief measures

In light of the current COVID-19 pandemic, President Cyril Ramaphosa announced certain relief measures in an attempt to provide for the wellbeing of the people of South Africa and navigate our already troubled economy through these uncertain times. In order to assist with alleviating cash flow burdens arising as a result of the COVID-19 outbreak, […]

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 […]

Valid Tax Invoice Requirements for VAT Vendors

When making a purchase for your business, you should always ensure you receive a valid VAT invoice. This enables you to claim input VAT from SARS. With the change in VAT rate from 14% to 15%, VAT has come under the spotlight. This brings more focus on VAT compliance and more specifically on when we […]