TAX SEASON 2018 FOR INDIVIDUALS

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 […]

HOW DO I CONTACT SARS WITH MY DEBT QUERY? (BUSINESS AND INDIVIDUALS)

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 […]

LIFMAN CASE: SUPREME COURT OF APPEAL RULES IN FAVOUR OF SARS

Pretoria, Sunday 1 March 2020 – South African Revenue Service (SARS) Commissioner Edward Kieswetter has expressed his appreciation of the judgement of the Supreme Court of Appeal (SCA) to dismiss with costs an application for leave to appeal by businessman Mr Mark Roy Lifman. The SCA ruled last week that Mr Lifman had no reasonable […]

SARS SCAMS AND PHISHING ATTACKS

SARS website will post updates of current scams. Similarly, they would like you to tell them about any emails you think are scams or phishing. To report or to get more information on phishing, please send an email to phishing@sars.gov.za or call the Fraud and Anti-Corruption Hotline on 0800 00 2870. Members of the public are […]

e@easyFile version 6.9.9 released

16 October 2019 – e@syFile version 6.9.9 was released Kindly note that version 6.9.9 was released on e@syFile Employer last night.  Version 6.9.9 is however not a forced update in an attempt to limit downloading required.  When the e@syFile Employer application is opened, the screen below will be displayed.  At the bottom of the message […]

RECONCILIATION

What’s New? 4 September 2019 – Updated PAYE BRS for Employer Reconciliation (2019 release) version 18.05 was published. 19 August 2019 – Updated PAYE BRS for Employer Reconciliation (2019 release) version 18.04 was published. 30 July 2019 – Updated PAYE BRS for Employer Reconciliation (2019 release) version 18.03 was published. 26 March 2019 – Updated PAYE […]

30 Stock Portfolio

This is a less volatile diversified investment portfolio offering a 30 stock portfolio in areas such as; cash, property, equity and bonds. Contact Stephen Brown to book a consultation.

UPDATE ON FILING SEASON 2019

To date, the response from South Africa has been great, with over 6 million logins, almost 1.3 million returns requested, and over 1 million returns submitted, of which 900 000 are for the 2019 tax year. By 29 July 2019, SARS had paid R5.5 Billion, with an average turn-around of 7 days for taxpayers that […]

TRADE STATISTICS

Exploring South Africa’s Merchandise Trade Statistics SARS is the legislatively empowered controlling entity for statistics on the importation and exportation of goods. Exercising this control entails record-keeping, verification, publication and analysis of trade data. Explore South Africa’s Merchandise Trade Statistics through interactive visualisations and other content Download the relevant data you need Any queries can […]

MANAGING YOUR EMPLOYER ACCOUNT

What’s new? 16 May 2019 – Changes on the Statement of Account On 26 April 2019 we introduced changes to the Payroll Taxes Statement of Account (SOA) in an attempt to address complaints received from employers about errors occurring on the SOA. The SOA shows the balance and detailed transactions for a tax year for […]