The Commissioner for SARS gave notice in the recent Government Gazette No. 38874 (dated 12 June 2015) of the persons required to file annual income tax […]
Most taxpayers know that sinking feeling when SARS requests supporting documents from them. Which supporting documents must I submit? Am I being audited? Did I make […]
In the past SARS required the Employer Reconciliation to be done every twelve months. A few years ago SARS introduced the Employer Interim Reconciliation in addition […]
2015 Deadlines for Income Tax Returns for Individuals: 30 September 2015 – Manual Submission 27 November 2015 – eFiling Submission (non-provisional taxpayers) 29 January 2016 – […]
Provisional tax is not a separate tax but rather pre-payments towards your income tax liability for a specific tax year and is filed bi-yearly (August and […]
There are three categories of supplies that can be made by a VAT vendor: standard-rated, zero-rated and exempt supplies. Output tax must be levied on all […]
It has become a common occurrence for vendors to receive a notice for a VAT review from SARS, which requires the vendor to submit supporting documentation […]
A VAT vendor (an individual or a business entity) has certain administrative duties in terms of the various acts applicable to VAT, one of which is […]