SARS has a firm new target in 2025, and it has far-reaching powers to take what it is owed—with or without their permission.

The compulsory threshold for value-added tax (Vat) registration has been R1 million for the past 16 years. If it had kept pace with inflation, the threshold would have been in lin ...

When it comes to a tax debt owed to Sars, burying your head in the sand will not protect you while the imminent threat to ...

South Africa’s tax system witnessed an astoundingly high amount of value-added tax (VAT) refunds in the 2023/24 financial year, amounting to R342.9 billion – a notable increase of 7.5% from ...

What happens if you owe SARS money Where a tax debt is rightfully ... be it Personal or Corporate Income Tax, VAT and/or PAYE, regardless of whether it is for an individual, trust or company.

and Value-Added Tax (VAT) returns between March 2012 and June 2024, despite repeated reminders from the South African Revenue Service (SARS). John was notified by SARS of his non-compliance with ...

“Even though a small business is not paid for months on end they still have to account for the Vat to the South African Revenue Service (Sars).” According to SME South Africa, a small business ...