by Taxation Compliance | Feb 12, 2018 | Taxation Blog | Juanita Roman
We have identified a risk that relates to any loan, advance or credit made to a trust, by a natural person or a company that is a connected person to the trust where interest is not charged, or interest is charged at a lower rate than the official rate (currently...
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...
