Category: General | Taxcompliant Taxseason Tax2024
The South African Revenue Service (SARS) introduced the Tax Compliance Status System in 2015 to replace the paper base Tax Clearance system. Once you have applied for a Tax Compliance Status, you will receive a security PIN which enables you to authorize any third party (an organization or government) to view your status online via eFiling. It will present your overall tax compliance status at the date and time of viewing it. To protect taxpayer confidentiality, no other info will be accessible to a third party.
The TCS system is available for the following applications:
• Good standing
• Approval International Transfer
What is it for:
The Tax Compliance Status system makes it easy for taxpayers to request their Tax Compliance Status (TCS) via eFiling or the SARS online query system (SOQS).
To be tax compliant, you should make sure that:
• You do not have any outstanding tax returns.
• You have no outstanding debt to SARS unless a payment arrangement or suspension of payment has been agreed to.
• You are registered for all the tax products that you are liable for.
• Your registered particulars are updated.
• You have either merged (via the Merge tool on eFiling) or declared (on the ERC01 form available as part of the TCS process on eFiling), all your registered tax reference numbers.
Should SARS decline your Tax Clearance and you are not in agreement you can challenge the outcome and supply them with reasons and/or documentation. The challenge outcome should be responded to within 5 days.
At Tax A Sured Pty Ltd we can assist with any clearance applications on your behalf.
