NEWS | SARS CAN MAKE YOU PICK UP THE TAB OF YOUR OWN AUDIT
For those who have been subjected to a SARS audit, it may be hard to imagine a reality where this experience can be any more agonising. If this resonates with you, perhaps consider a world where SARS makes you pay for the resources it had to expend in putting you through this ordeal. The truth […]
NEWS | FRIVOLOUS DISPUTES: TAXPAYERS BEWARE!
The Tax Court judgment in XYZ CC v C:SARS (ITC 13 868) (“XYZ case”) was recently delivered as a stern reminder to taxpayers who only follow the objection process as a method to purposely delay the payment of tax, where there appears to be no valid basis to do so. The unlucky result for the taxpayer […]
NEWS | THE WORLD CUP – NOT ALL SEATS ARE CHEAP
Starting line up It is quite the spectacle. Whether it’s the Cricket, Rugby or Football World Cup, the buzz and excitement of a host of countries coming together to compete for what is the ultimate top honour in that sporting discipline, carries with it a frenzy of activity. Spectators come out in their droves to […]
NEWS | TRAINING HELPS EMPLOYEES COPE WITH TAX BRACKET ANXIETY
During the recent budget speech, Finance Minister Tito Mboweni announced that tax bracket limits would not be adjusted in line with inflation. This has working South Africans worried they will fall victim to “bracket creep”.
NEWS | TAXPAYERS TO HEAD SARS’ CALL – BOSASA IS BUT A GLIMPSE OF THE FUTURE
The South African Revenue Service’s (SARS) raid of BOSASA offices is a reminder that SARS will deal with non-compliant taxpayers in a tough and effective manner. The BOSASA raid comes less than a year following the SARS announcement that it would be partnering with the National Prosecuting Authority (NPA) to combat tax evasion and low […]