Author: Fin24.com The tax season opened officially on July 1 and many law-abiding taxpayers are getting ready to do their bit. Unfortunately, so too are the shady individuals and gangs who operate phishing scams.
Category: Tax Administration
Direct payments from eFiling axed
Ingé Lamprecht 08 September 2013 New secure payment process introduces difficulties. JOHANNESBURG – The option to make a direct payment to the South African Revenue Service (Sars) through its eFiling, website without additional authorisation, will soon be withdrawn.
VAT Registration of Foreign Business
Author: Carmen Moss Holdstock (Cliffe Dekker Hofmeyr) The draft Taxation Laws Amendment Bill 2013 (TLAB) was released for public comment on 5 July 2013. Among other things, the TLAB proposes that, in order to curtail foreign businesses that supply goods and services in ‘cyber space’ from escaping the VAT net, all foreign businesses supplying digital goods and services will be required to register as VAT vendors in South Africa.
A Departure From ‘Adequate Reasons’ and Common Sense
Author: Daniel Areias & Johan Kotze (Bowman Gilfillan) All taxation , in one way or another, may impact upon fundamental human rights. However, to ensure that the imposition is not absolute, section 5 of the Promotion of Administrative Justice Act provides that every person, whose rights may have been materially and adversely affected by administrative action, may request written reasons for that action from the administrator responsible.
SARS audits and taxpayers’ rights
Authors: Beric Croome & Jerome Brink (ENS) The Tax Administration Act, Act 28 of 2011 (‘the TAA’) came into effect on 1 October 2012. Its promulgation brought with it many changes to not only taxpayers’ rights and obligations but the reciprocal rights and obligations on the part of the South African Revenue Service (‘SARS’) in its continuous busines
Status Overviews of International Treaties and Agreements Updated
Author: SARS Legal and Policy On the 7th of August 2013 SARS released updated overviews of various international treaties and agreements. To view the update on “Double taxation agreements & protocols” click here: To view the update on “Customs MAA’s” click here: To view the update on “Exchange of Information Programs” click here: To view the update on “One-Stop-Border-Post Agreements” click here:
Avoid Penalties By Being Prepared For The SARS Interim PAYE Reconciliation Period
The bi-annual company tax return season opens on 1 September 2013 and it makes sense for companies to prepare their mandatory information in August to avoid SARS e@syFile rejections and late submission penalties.
New tax Amendment Bill published
The National Treasury published the Taxation Laws Amendment Bill and the Tax Administration Laws Amendment Bill on Thursday for public comment. Picture: Gallo Images
Notice to furnish returns for the 2013 year of assessment
Tax season in a nutshell. General comments Government Notice no. 451 was issued by the Commissioner on 28 June 2013. Its purpose is to give notice to furnish returns in respect of the 2013 year of assessment. The returns that the notice refer to are of course the ones required for the assessment of normal tax. This alert will deal with the content of the Notice.
Patricia De Lille conned by tax fraud
THE tax practitioner who defrauded Cape Town mayor Patricia de Lille of R80 000 has been found guilty on a multitude of charges including fraud and theft in the Wynberg Regional Court.