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.
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 ...
“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 ...
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.
Government is “not organised to win” and needs a unified vision underpinned by technology to realise its digital ambitions, says commissioner Edward Kieswetter.
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 ...