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 (SARS) confirmed in a statement on Friday that it has processed 90% of tax refunds that ...
The South African Revenue Service reports a significant increase in tax compliance, with provisional taxpayers and trusts ...
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%.
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 ...
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.
AFTER years of threatening non-compliant trusts with administrative penalties for the non- or late submission of annual income tax returns as required by law, the SA Revenue Service (Sars ...
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.
Paying tax and submitting returns has become a relatively easy process for most South Africans. This is due largely to the fact that the South African Revenue Services (SARS) is embracing artificial ...