NEWS | YOU ONLY HAVE ONE SHOT TO DISPUTE YOUR SARS ASSESSMENT
When engaging in disputes with the taxman, there are many rules you need to be aware of, but the decision in CSARS v The Executor of the Estate of Late Ndlovu (A395/2016) arguably tells the most important. This decision by a full bench of the Pretoria High Court reveals how high the stakes are when […]
NEWS | SOUTH AFRICAN GOVERNMENT ISSUED CERTIFICATES 101: WHAT YOU NEED TO KNOW
The protracted lockdown in South Africa resulted in the Department of Home Affairs (“DHA”) offering limited emergency services. South African citizens and permanent residents seeking Civic Services such as unabridged birth and marriage certificates were left frustrated as existing applications were indefinitely delayed.
NEWS | ALL EYES ON SARS FOLLOWING MEDIUM TERM BUDGET POLICY STATEMENT
In a surprising admission by National Treasury in its Medium Term Budget Policy Statement, it has been acknowledged that recent tax increases have failed to generate the revenue numbers initially projected, and all evidence illustrates that South Africa’s higher than global average tax rates have in fact hindered economic growth.
NEWS | SERIOUS JAIL-TIME ON THE CARDS FOR NON-COMPLIANT TAXPAYERS
With Government’s draft response being released in the Parliamentary Debate on 13 October 2020, non-compliant taxpayers, be it intentionally or negligently, may soon be facing some serious jail-time.
NEWS | UNDER-MANNED AND UNDER-FUNDED – IS SARS A SINKING SHIP?
In his statement of 07 October 2020, Commissioner of the South African Revenue Service (“SARS”), Edward Kieswetter announced a funding shortage in the amount of approximately R800 million, which shortage needs to recovered be in order for SARS to operate efficiently again.