by Taxation Compliance | Jan 24, 2018 | Taxation Blog | Juanita Roman
PRETORIA, Friday, 15 December 2017 — The South African Revenue Service (SARS) will collect the Sugary Beverages Levy (SBL) as from 1 April 2018. The levy falls under the Rates and Monetary Amounts and Revenue Laws Amendment Bill, 2017, as passed in Parliament on 5...
by Taxation Compliance | Oct 9, 2017 | Taxation Blog | Juanita Roman
“Pretoria, Thursday, 28 September 2017 – SARS reminds all taxpayers that in accordance with the Tax Administration Act No. 28 of 2011 (TAA) and specifically Section 234 (d), it is a criminal offence not to submit a tax return for any of the tax types they...
by Taxation Compliance | Oct 3, 2017 | Taxation Blog | Juanita Roman
The Bi-annual August 2017 PAYE reconciliation period is from 15 September 2017 – 31 October 2017. – All employers must prepare and submit their declaration (EMP501) and employees’ IRP5’s to SARS reconciling the PAYE/SDL/UIF paid during the period 1 March...
by Taxation Compliance | Jul 26, 2017 | Taxation Blog | Juanita Roman
1 July was the official start of the 2017 tax season and SARS is encouraging all taxpayers to use SARS e-filing channels to file their tax returns and avoid those never-ending queues at the SARS offices!!! Deadline Dates: Manual 2017 tax return submission (by...
by Taxation Compliance | Jul 26, 2017 | Taxation Blog | Juanita Roman
Have you disclosed all your offshore assets to the South African Reserve Bank (SARB)? (disclosing foreign assets on your annual tax return does not mean they have been disclosed to SARB!) The need for this disclosure is required regardless of how you have accumulated...