When will I be able to claim home office expenses? If you are an employee who works from home and has set aside a room to be occupied for the purpose of “trade”, e.g. employment, you may be allowed to deduct certain home office expenses for tax purposes calculated on a pro-rata basis. Provided that […]
When can you claim for travel? If you receive a travel allowance from an employer or principal, you can claim a deduction on assessment of your annual income tax return for the use of a private motor vehicle for business purposes. What do I need to do? Firstly, record your motor vehicle’s odometer reading on […]
26 April 2021 – Taxpayers will now receive estimated assessment via MobiApp. Taxpayers will have an option to either view the return or edit the return. Once editing, the return option is selected, the taxpayers original return will be filed / submitted to SARS. For more information, see the updated Guide to the SARS MobiApp.
The South African Revenue Service (SARS) is committed to providing certainty and clarity to all taxpayers and traders regarding their tax and customs obligations so that they can remain compliant and to ensure that transacting with the organisation is as simple and easy as possible. However, the ease and simplicity of transactions with SARS depends […]
Tax Season 2018 Thank you South Africa for doing the right thing and filing your tax return by the deadline of 31 October. We thank you for playing your part in building our country. For those who missed the deadline, you are still expected to file your outstanding tax return. Administrative penalties may apply. Tax Season deadlines […]
Tshwane 14, 2021 – The Commissioner of the South African Revenue Service (SARS) – Mr Edward Kieswetter, and the National Director for Public Prosecution (NDPP), Advocate Shamila Batohi, have agreed to further enhance collaboration and deal with key challenges of tax crime and non-compliance, eroding the tax revenue base and the integrity of the tax system. […]
Imagine sliding into your home office with comfy pants, a notebook, and the aroma of coffee. Working for yourself certainly seems appealing. But, unlike those working for a company, you will have the added responsibility of taking care of your income tax. Freelancers receive a variety of payments throughout the year and, in addition […]
No Question & Answer 1 Q: What is the COVID-19 Tax Relief available to Employers? A: On 21st April 2020 President Ramaphosa announced additional measures to assist employers to provide financial stability to their employees. One of these measures includes a 35% deferral on the monthly PAYE liability owed to SARS for the months of […]
COVID-19 tax relief measures How to apply for the waiving of penalties for tax debt: Larger businesses (with gross income of more than R100 million) that are incapable of making payment due to the COVID-19 disaster, may apply to defer tax payments without incurring penalties by emailing us on COVID19IPAaboveR100m@sars.gov.za. Note the requirements below. Similarly, businesses with […]
Every SA Website must promote the government portal on Covid-a9, and cell numbers transfers are banned.
Every website with a domain that ends in .za from government portals to private blogs – must now link to the government main Covid-19 page on its front page. And while the novel Coronavirus state of disaster is in place, you can’t change cellphone network providers without losing your phone number That is apparently to […]