This is a question I frequently encounter. The concern of paying more taxes than necessary is a common one for individuals and businesses alike. While complex tax-saving schemes ...

The South African Revenue Service (SARS) has announced new procedures for the delivery of documents, notices, and requests relevant to tax disputes, appeals, and related processes. ...

The determination of whether an individual ceases to be a tax resident in South Africa is based on the way such individual has been a tax resident in South Africa. If the taxpayer ...

In South Africa, the Tax Administration Act 28 of 2011 (TA Act) outlines the regulatory framework for the registration and deregistration of tax practitioners. Section 240(3)(d) ...

What is a Completion Letter?

A Completion Letter from the South African Revenue Service (SARS) indicates that your submitted documents have been reviewed ...

In a bid to improve service delivery, the South African Revenue Service (SARS) has rolled out an enhanced complaints process through its e-Filing system. This initiative aims to ...

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 ...

The RRA01 form provides an informal method to request amendments to an assessment without the need to follow the formal objection and appeal processes. This is applicable under the ...

Provisional tax is a system used to pay income tax on a current basis, rather than in a lump sum at the end of the tax year. This system helps spread the tax burden throughout the ...

The Tax Administration Act requires that a person must keep complete and accurate records – books of account and/or documents. The retention of records will assist a person to fulfil ...

With the introduction of the new two-pot system for retirement funds starting on 1 September 2024, it’s important for members to understand the new withdrawal processes and requirements. ...

Turnover tax offers micro businesses in South Africa a simplified approach to meeting their tax obligations, replacing Income Tax, VAT, Provisional Tax, Capital Gains Tax, and Dividends ...

Background Information

Trust XYZ acquired two residential properties through transactions with Trustee A and Trustee B. Trustee A sold his primary residence ...

The South African government is introducing a new retirement savings system known as the two-pot system, starting in September. Under this system, a portion of each person's retirement ...

When you submit your tax return, the following may delay your refund from being paid (if a refund is due):

• When your banking details have been identified for verification, ...

In a recent ruling dated 8th December 2023, the Tax Court adjudicated on a significant VAT dispute between KEN CC (the appellant) and the South African Revenue Service (SARS). The ...

As taxpayers, we often encounter various deductions on our tax returns. However, some lesser-known deductions can easily slip through the cracks. To help you navigate these less ...

What is an Administrative Penalty:

An administrative penalty (admin penalty) is a penalty levied under section 210 of the Tax Administration Act. There are ...

The Diesel Refund Scheme offers significant benefits to farming enterprises, allowing them to claim rebates on diesel used for primary production activities. This scheme is crucial ...

Zero-rated Supplies: These are taxable supplies with a VAT rate of 0%. Section 11 of the VAT Act identifies specific supplies that qualify for zero-rating. Importantly, ...

SARS has recently updated the procedure for adding a company to your profile. In the past, adding a company to your eFiling profile, whether as an Organisation or a Tax Practitioner, ...

Planning for retirement involves understanding the intricacies of retirement contributions and the evolving structures within retirement funds. Detailed below is a guide to help navigate through these financial strategies.

At Tax A Sured (Pty) Ltd, we understand the importance of maximizing your tax benefits while contributing to meaningful causes. The South African Revenue Service (SARS) offers tax deductions for donations made to registered and approved organizations under section 18A of the Income Tax Act (ITA). To help you navigate these opportunities, we've outlined the key requirements and qualifying donations.

Taxpayers who earn income from multiple sources of employment face a unique challenge when it comes to their tax obligations. Here’s what you need to know to manage your taxes effectively in this situation: