As financial year-end looms, pressuring business owners to ensure their financial records are up-to-date and compliant, PJ ...

The number of non-provisional taxpayers who filed their Income Tax Returns and those automatically assessed stands at 6 797 ...

The South African Revenue Service has set up a highly specialised unit to come after taxpayers who are dipping into local and ...

The National Treasury has revealed just how much money South African taxpayers are forking over annually. The figure will astound you ...

Whether a business mogul, a high-net-worth individual, or an average taxpayer, no one is beyond Sars’ reach ... failure to disclose income and meet tax obligations can result in severe legal ...

SARS has a firm new target in 2025, and it has far-reaching powers to take what it is owed—with or without their permission.

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%.

Hawks said the doctor allegedly failed to submit personal income tax returns for the 2021 to 2023 tax years and repeatedly ignored compliance reminders from SARS ...

The South African Revenue Service (Sars) has thanked provisional taxpayers and Trusts for submitting their Income Tax Returns for the 2024 tax year- with an increase of nearly 5% in returns filed.

Since the opening of the 2024/25 filing season, 543 252 provisional taxpayers had filed their annual income tax returns for the 2024 tax year – a 4.76% increase from the 517 356 returns for the 2023 ...

For instance, some use personal bank accounts to receive income ... income in the past, the Sars Voluntary Disclosure Programme (VDP) offers a chance to rectify your tax affairs before an audit ...

If you are a provisional taxpayer or a trustee of a trust, you must make sure that your income tax return is filed by the end of Monday.