Start of 2019 Tax Season – what you need to know to save you time and costs!

Author Archives: Tax Dept

Start of 2019 Tax Season – what you need to know to save you time and costs!

1 July 2019 is the official start of the 2019 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 2019 tax return submission (via a visit to any SARS branch office) is 31 October 2019 Non-provisional […]

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Environmental E-Alert – Carbon tax laws effective from 1 June 2019 – business be warned

View this full email courtesy of Webber Wentzel in your browser here. Carbon tax laws effective from 1 June 2019 – business be warned On 22 May 2019, President Cyril Ramaphosa assented to the long-awaited Carbon Tax Act, 2019, which was gazetted on 23 May 2019. The same day, the President also assented to the Customs […]

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SARS: Changes on the statement of account

The SARS Payroll Statement Of Account (SOA) layout which can be requested on SARS e-filing has recently been updated to reflect more data which will assist taxpayers in reconciling their PAYE liabilities and to ease the understanding of the PAYE/SDL/UIF accounts. The changes would now assist taxpayers in tracking various transactions, which include the following: […]

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So, you owe the taxman?! For how long can you be held liable?

So, you owe the taxman?! For how long can you be held liable? By Nicolene Schoeman-Louw “Introduction One of life’s few certainties is the payment of taxes. Bearing that in mind, we should ensure that we never find ourselves in a predicament to have an outstanding account with the taxman in the first place, which […]

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NOTICE TO ALL EMPLOYERS – W.As8 /Return of Earnings 2018 (February 2019 period)

Click here for our our full post of this article. The 2018 W.As 8 Return of Earnings for Compensation for Occupational Injuries and Diseases Act(COIDA) submission deadline is scheduled for 31 May 2019. Workmen’s Compensation website will only be open for transacting on the Return of Earnings submissions from 1 April 2019 onwards.  This return relates to the […]

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SARS has extended the (Employee Tax Incentive) ETI scheme for another 10 years to 28 February 2029

The ETI scheme was implemented from 01 January 2014 and allows qualifying employers to deduct an incentive for each qualifying employee from the total PAYE payable for the month. A qualifying employer is an employer who is registered for PAYE and is tax compliant with SARS. An individual will qualify if he or she: Has […]

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CORPORATE INCOME TAX RETURNS – PENALTIES WILL BE IMPOSED FROM 07 DECEMBER 2018

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SARS eFiling App and MobiSite are now available to help taxpayers file their returns

The SARS eFiling App and MobiSite are now available to taxpayers who would like to file their personal tax returns via their mobile devices. The mobisite is also accessible to blind and visually impaired taxpayers. The App is available for both Android and iOS mobile phones by installing the App from the App Store (for […]

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Employee’s Tax information required for 1st provisional return for 2019

We are in the process of preparing the first provisional tax returns for the 2019 tax year, due for submission to SARS by 31 August 2018. We would therefore, appreciate it if you could furnish us with either a copy of your latest payslip OR the total of your PAYE (Employees tax) paid thus far […]

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How to complete VAT submissions with 2018 changes

As you are aware the VAT rates were increased from 01 April 2018 from 14% to 15%. This will impact your March/April VAT submissions which would have both 14% and 15% sales and inputs. Attached please find a template which would assist you with the completion of this return. Please also be aware that certain […]

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