With the 2024 tax season now in full swing, the South African Revenue Service (SARS) has once again issued a warning to South African taxpayers to remain vigilant when submitting their tax returns.
Since the opening of the 2024/25 filing season, 543 252 provisional ... the 517 356 returns for the 2023 tax year, says the South African Revenue Service (Sars). Additionally, Sars notes that ...
You can also ask SARS to issue a detailed statement of account or access it on eFiling. Individual taxpayers must be fully tax-compliant when submitting returns and payments. If taxpayers are not ...
Income tax season beckons and in line with what the doctor ... Auto-assessments Over the past few years, the South African ...
For the 2024 tax filing season, the South African Revenue Service (SARS) made a significant change for trusts, giving them their own filing window. Previously, filing for trusts aligned with ...
Trusts also demonstrated higher compliance levels, with SARS receiving 84,134 returns for the 2024 tax year, up from 68,890 in 2023—an increase of 22.2%.
are looking for clarity on key tax changes, compliance, risks, and Sars [South African Revenue Service] enforcement. So let’s discuss all of that with Keith Engel, chief executive officer of the South ...
The South African Revenue Service has issued a warning to taxpayers in its latest update related to the 'Two-Pot' retirement system.
This should be of particular interest to trusts, which have become a major target for SARS. The 2024 tax filing season for trusts closed a week ago, but tax experts are already putting up the red ...
'The number of non-provisional taxpayers who filed their Income Tax Returns and those automatically assessed stands at 6 797 055.' The South African Revenue Service (Sars) has noted an increase in ...
The National Treasury has revealed just how much money South African taxpayers are forking over annually. The figure will astound you ...
The filing season for these groups ... 94% increase from the previous year, as Sars continues to leverage advanced data sources to automatically assess tax returns, simplifying the process for ...