https://bit.ly/2JuYbIt Article Source: By Erich Bell, Director, Werksmans Attorneys  23 March 2020 “SARS’s Notices to the Public The South African Revenue Service (“SARS“) has taken several precautionary measures in response to the risk of infection from COVID-19 which are aligned with and are in support of the initiatives implemented by the Department of Health. SARS’ tax, customs and excise operations will […]

MD’s email sent out for this post | https://bit.ly/2JmcY8m The Minister of Finance has announced the following exceptional tax measures as part of the fiscal package outlined by President Cyril Ramaphosa on 23 March 2020 in his speech on the Escalation of Measures to Combat COVID-19. These measures are over and above the tax proposals […]

MD’s email sent out for this post | https://bit.ly/2WQFrv3 The UIF disaster benefit will now be run through TERS system – it is longer a ‘side option’ for UIF itself and the whole UIF Easy-guide has now been removed from the Labour.gov.za website. Covid-19 Temporary Relief Scheme:  Should an employer as a result of COVID-19 […]

SARS issued updated notices and schedules during the first week of March 2020 which may be of interest to you or affect your staff: Subsistence Allowance rates and advances for both local and foreign travel (with effect from 1/3/2020): Rate per day (local) – R139 for incidentals only Rate per day (local) – R452 for […]

2020/2021 Tax Guide We are excited to launch our new electronic tax guide to assist you with the tax legislation. To access the PDF version please click here. Contact us to help you to be the best you can be! MD Annual Tax Guides

Monday, February 3, 2020 The South African Revenue Service (SARS) has embarked on a journey that will see it embrace technological advancement. In a statement issued at the weekend, SARS said in the foreseeable future, its work will be informed by data-driven insights, self-learning computers, artificial intelligence and interconnectivity of people and devices. The revenue […]