Nowhere to hide as Sars ramps up its use of smart tools
Sars is employing artificial intelligence and data analysis to detect tax fraud and improve efficiency in assessing taxpayers.
South African Revenue Service
Videos
Watch: FPI Financial Planner of the Year on key issues shaping the financial landscape
Animated video explains the two-pot retirement system
NCA Credit providers’ FICA obligations
NCR Desktop Audits
Is South Africa on track to getting off the grey list?
Looking back at this year’s FPI Professional’s Convention
Enhance your HR skills by attending our insightful webinars in November
Webinars on how to investigate misconduct and address poor performance
Triple the rewards with MBSE’s Occupational Certificate: Compliance Officer
Companies offering MBSE’s Occupational Certificate: Compliance Officer training as a learnership can qualify for tax rebates, earn B-BBEE points, and apply for discretionary grants.
Sars publishes final provisions for diesel refund for food manufacturers
The most notable are changes to the definition of ‘foodstuffs’, as well as the requirements for applying for registration and claiming refunds.
Here are your options if you owe Sars money
Choosing the wrong one could close the door to the dispute resolution process.
The do’s and don’ts of filing your income tax return
Sars is holding thumbs that the problems experienced with auto-assessments last year won’t recur in 2023.
Sars has its eye on the application of attribution rules in trusts
Trusts that have failed to comply with the rules are exposed to penalties and fines.
Closer scrutiny of cross-border transactions is impacting individuals and businesses
The FSCA says the government is intensifying efforts to get South Africa off the grey list by January 2025.
Treasury director Yanga Mputa appointed as the new Tax Ombud
The ombud’s office is a crucial mechanism for ensuring fairness, accountability, and transparency in the tax system, finance ministry says.
Are you exempt from submitting a tax return for 2023?
Pay attention to the conditions that must be met for an exemption.
Sars announces deadlines and changes for 2023 tax-filing season
Taxpayers who disagree with an auto-assessment have more time to submit a revised return.
This is how much you will be able to transfer to your savings pot on 1 March 2024
Retirement fund members who are expecting a big pay-out will be disappointed.
Latest proposals on how the two-pot retirement system will work
A guide to the features of the three components: savings, retirement, and vested.
Treasury wants to exclude these ‘legacy’ RA funds from the two-pot system
Plus: the proposals for defined-benefit funds, inter-fund transfers, section 37D deductions, and the taxation of contributions and growth.
Understand when tax is triggered on crypto assets
Clarity on when a gain is considered revenue or capital.
A handy guide to the payment of retirement fund contributions for trustees
What you should know about reporting, calculating penalty interest, the in duplum rule, and the employer’s liability.
What the ConCourt’s decision means for the confidentiality of your tax records
There is still a high threshold to meet before access to an individual’s tax records will be granted.
Organised crime and illicit trade are sucking billions out of the economy
The lockdowns provided illicit traders with a golden opportunity to expand their activities, report says.
