Should Companies Defer Their PAYE Obligations?
President Ramaphosa announced on 25 July that government will provide continued support to businesses by deferring employees’ taxes (PAYE) for three months.
Compromise of Tax Debts with SARS: A Solution for Financially Impacted SME’s
The Compromise of Tax Debt application (“the Compromise”) is aimed at aiding taxpayers to reduce their tax liability by means of a Compromise Agreement (“the Agreement”), which is entered into with SARS.
SARS Will Audit Your Home Office Deductions: Top Tips If You Want Your Claim To Succeed
In the wake of a surge in claims for home office deductions, SARS held a webinar to ensure taxpayers understand the requirements for their claims to pass muster.
5 Top Tips for Expats to Make Themselves Tax Ready
Adding to the challenges of 2020, the South African Revenue Services (SARS) announced that it did not make its annual budget.
SARS Teams Up With IRS: Two Birds With One Stone
In a further effort to enhance its enforcement on a global scale, SARS announced on 6 July that it will join forces with the Criminal Investigation Division of the United States’ Internal Revenue Service (IRS). This partnership will undoubtedly build up SARS’ capacity to trace offshore wealth; the opportunity for SARS to rub shoulders with […]