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April 1, 2021
MONEYWEB app instead? 21:15 Image: Moneyweb The South African Revenue Service (Sars) has defeated the odds by exceeding the revenue collection target set in February last year, and then revised several times because of the global Covid-19 pandemic. The estimated target of R1.21 trillion was exceeded by R38 billion. The revenue authority collected R1.25 trillion for the tax year that ended on March 31. The expected total tax deficit of R312 billion was reduced to R175 billion. INSIDERGOLD ...
March 12, 2021
The receiver wants people who get paying guests to remember to cough up their fair share of income tax. Sars reminds property owners in South Africa, who host paying guests, that they must declare any rental income.
March 12, 2021
The South African Revenue Service (SARS) has warned property owners whose properties are located in South Africa, and who host fee-paying guests, that the…
March 12, 2021
SARS has advised property owners that all forms of rental income must be declared in their income tax returns. Here's what you need to know.
March 10, 2021
PETALING JAYA: The Inland Revenue Board (LHDN) has assured participants of the Special Voluntary Disclosure Programme (SVDP) that there would be no audit or investigation on them, provided they fulfill the conditions of the programme.
March 10, 2021
PETALING JAYA: Despite having the power to investigate taxpayers, the Inland Revenue Board (LHDN) should not penalise participants of the Special Voluntary Disclosure Programme (SVDP), says local industry and employer groups.
March 9, 2021
PETALING JAYA: The Inland Revenue Board (LHDN) has denied making a U-turn on those who enrolled in the Special Voluntary Disclosure Programme (SVDP), saying there were several conditions for the "goodwill declaration”.
February 25, 2021
Feb 25, 2021 South African Finance Minister Tito Mboweni delivered the 2021/22 Budget on Wednesday that treads a pragmatic path between over-spending and too much austerity, as the economy grapples with the impact of Covid-19 and lockdowns. By Wesley Grimm, Joon Chong, Cor Kraamwinkel from Webber Wentzel The minister clearly listened to widespread calls to avoid raising taxes but also to allocate more funds to rolling out vaccines. Overall, it was an optimistic budget, but with some stings in t...
February 24, 2021
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January 26, 2021
Top 5 PAYE errors that could cost you dearly with SARS Search Polity Note: Search is limited to the most recent 250 articles. To access earlier articles, click Advanced Search and set an earlier date range. To search for a term containing the & symbol, click Advanced Search and use the search headings and/or in first paragraph options. With... Clear Search Sponsored by Sponsored by With Covid-19 burdening the economy and SARS seeking to increase its revenues however it can, organisations with...