SARS set to finally draw the line

SARS Set to Finally Draw the Line on Persistent Trust Non-Compliance

The South African Revenue Service (SARS)’ proposed Value-Added Tax (VAT) Modernisation Project is geared to combat challenges faced by traders, businesses, and SARS, including compliance inefficiencies, the risk of errors, and tax evasion. Phase 1 will entail inserting key definitions into the VAT Act, including “e-credit note”, “e-debit note” and “interoperability framework”.

Trust filing season: Trustee organizing documents with colorful markers for 2025 tax filing.

2025 Trust Filing Season: The IT3(t) Question That Could Cost Trustees – and Catch Beneficiaries

The South African Revenue Service (SARS)’ proposed Value-Added Tax (VAT) Modernisation Project is geared to combat challenges faced by traders, businesses, and SARS, including compliance inefficiencies, the risk of errors, and tax evasion. Phase 1 will entail inserting key definitions into the VAT Act, including “e-credit note”, “e-debit note” and “interoperability framework”.

Bitcoin coins on a laptop keyboard with a crypto market chart, symbolizing the need for the Voluntary Disclosure Programme for crypto traders.

Voluntary Disclosure Programme: A Last Chance for Crypto Traders Before the 2026 Crackdown?

The South African Revenue Service (SARS)’ proposed Value-Added Tax (VAT) Modernisation Project is geared to combat challenges faced by traders, businesses, and SARS, including compliance inefficiencies, the risk of errors, and tax evasion. Phase 1 will entail inserting key definitions into the VAT Act, including “e-credit note”, “e-debit note” and “interoperability framework”.

SARS targeting prominent persons for company tax debts review in financial documents.

SARS Targets Prominent Persons for their Company’s Tax Debts

The South African Revenue Service (SARS)’ proposed Value-Added Tax (VAT) Modernisation Project is geared to combat challenges faced by traders, businesses, and SARS, including compliance inefficiencies, the risk of errors, and tax evasion. Phase 1 will entail inserting key definitions into the VAT Act, including “e-credit note”, “e-debit note” and “interoperability framework”.

Gavel and legal books symbolizing SARS tax residency and legal processes

Beyond Textbooks: The Tax Lessons You Only Learn on the Job

The South African Revenue Service (SARS)’ proposed Value-Added Tax (VAT) Modernisation Project is geared to combat challenges faced by traders, businesses, and SARS, including compliance inefficiencies, the risk of errors, and tax evasion. Phase 1 will entail inserting key definitions into the VAT Act, including “e-credit note”, “e-debit note” and “interoperability framework”.