SARS recently warned owners of South African properties who host fee-paying guests that “the rental income they receive must be declared in their income tax
On 5 May 2020, the Commissioner for SARS made a profound media statement, which gave a detailed account of projected revenue collection in light of
Financial emigration is an exchange control matter that allows a South African can, with the approval of the SA Reserve Bank, to be classified as
It is clear that the policy decision to cap tax-free foreign income from remuneration at R1 million is set to stay, but the administration of
Tax practitioners have been caught by surprise after the South African Revenue Service (Sars) disallowed medical expense claims due to failure to submit the correct
The recent developments at the South African Revenue Service (SARS) promise to cause a shake-up for many unsuspecting taxpayers. They are short on budget and
South African savings and investment instruments – and the tax breaks offered as incentives to save – are considered adequate, and even generous, for the
Several taxpayers have in recent times learnt the hard way that they ultimately remain responsible for their tax affairs. They have been named and shamed and
Failing to submit a tax return can result in a criminal record for non-compliant taxpayers. Last month the South African Revenue Service (SARS) published the
With the annual tax filing season well underway, the South African Revenue Service (SARS) seems to be pulling all the stops to get back on
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