SARS’ New Guidance Sends Warning to Young South Africans Making Use of Trusts
On 26 November 2025, South African Revenue Service (SARS) released a draft Interpretation Note on section 7C of the Income Tax Act, No. 58 of 1962, the anti-avoidance provision aimed at interest free or low interest loans used to fund trusts. The tax authority’s message is clear: there is simply no such thing as an […]
Navigating the Maze: Hurdles Foreign Individuals Face in Securing a South African Tax Number
South African law requires any person who becomes liable for tax, whether it be income tax, VAT or Capital Gains Tax, to register as a taxpayer with the South African Revenue Service (SARS) and obtain a tax number. This unique identifier, issued by SARS, tracks and manages your tax obligations and compliance.
SARS Compliance Programmes Secures R304 Billion in Collections!
SARS And National Treasury’s 18th annual edition of the Tax Statistics bulletin confirms the effectiveness of the revenue collector’s compliance driven initiatives. SARS celebrates a whopping 16,7% year-on-year compliance collection increase, which it attributes to “enhanced strategies and diligent implementation of compliance measures”.
Planning to Emigrate in the New Year? Start Preparing Now Before the Festive-Season Slowdown Hits
As the year draws to a close, many South Africans begin preparing for international relocation at the start of the new year, yet the administrative side of emigration, particularly ceasing South African tax residency is often more complex than anticipated. If you intend to finalise your tax residency cessation early in 2026, the window to […]
SARS Moves Toward Trust Penalties: Draft Notice Signals Real Enforcement Ahead
The South African Revenue Service (SARS) has released a draft notice under section 210(2) of the Tax Administration Act that formally proposes fixed administrative penalties for trusts that fail to submit their tax returns. Although still in draft form, this publication marks a clear shift from years of warnings to concrete action.