by MD Streets | Jul 19, 2021 | Taxation Blog | Juanita Roman
We are in the process of preparing the first provisional tax returns for the 2022 tax year, due for submission to SARS by 31 August 2021. We would, therefore, appreciate it if you could furnish us with either a copy of your latest payslip OR the total of your PAYE...
by MD Streets | Jul 15, 2021 | Taxation Blog | Juanita Roman
Over the last 2 years, SARS has increased their focus on the modernisation of their systems to deter the general non-compliance by many taxpayers. Your SARS compliance status also directly impacts Employment Tax Incentive (ETI) claims – in certain circumstances the...
by MD Streets | Jul 13, 2021 | Taxation Blog | Juanita Roman
SARS has recently amended the rules relating to non-compliance transgressions which may land you in hot water with possible fines or even jail time: Non-compliant transgressions How can we help you minimise the potential risk? The slightest mistake could now have dire...
by MD Streets | Jul 9, 2021 | Taxation Blog | Juanita Roman
A – 11 offences which could give rise to criminal liability, only if the taxpayer committed them with intent (offences that require wilfulness, where SARS has the heavier burden of proof): Submitting a false certificate or statement in relation to...
by MD Streets | Jun 3, 2021 | Taxation Blog | Juanita Roman
The Minister of Finance has issued an official notice to increase the monthly maximum remuneration for Unemployment Insurance Fund (UIF) contributions to R17 712 with effect from 1 June 2021 onwards. This means that the monthly UIF contribution per respective...
by MD Streets | May 18, 2021 | Taxation Blog | Juanita Roman
MD’s email sent out for this post | https://bit.ly/3v2pMHo SARS is reminding Employers to submit the annual February 2021 payroll information to them on or before the deadline of 31 May 2021. Employers who comply fully, in turn, make it easier for their...