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NEWS | SOUTH AFRICANS WORKING ABROAD: MUST YOU SUBMIT A TAX RETURN TO SARS?

24/07/2020/in Latest News/by admin

Due to the COVID-19 pandemic and the restrictions implemented, the South African Revenue Service (“SARS”) has pushed back the 2020 tax season by two months. The 2020 tax season will now open on the 1st of September 2020, and closes on the 16th of November 2020, for online submissions, and 22 October 2020, for branch […]

NEWS | PROVISIONAL TAX: PENALTIES AND INTEREST RISKS

24/07/2020/in Latest News, News & Articles/by admin

Provisional taxpayers must comply with all requirements for filing returns and making payments in order to avoid risk of penalties and interest.

NEWS | CONSTITUTIONAL COURT GIVES HEFTY SARS BLOW TO FRANCHISE INDUSTRY

23/07/2020/in Latest News, News & Articles/by admin

Talk about bad timing. The Constitutional Court on 21 July 2020, after some 250 days of deliberation, decided that the way in which many franchise operators have been claiming their tax expenses does not rank for tax relief.