An audit is a process that SARS undertakes to make sure that a tax payer contributes honestly and fairly towards his or her taxes. Whether we audit or not depends on the information that you send to SARS. After you have submitted your return for a tax year you could…
As permitted by section 75B of the Income Tax Act, No. 58 of 1962, effective 1 January 2009, SARS has begun imposing a range of stringent penalties in respect of non-compliance by taxpayers, which includes: Failure to register as a taxpayer Failure to inform SARS of a change of address…
1 July marks the start of the Tax Season 2014 The deadlines: Depending on how you submit your Income Tax Returns (IT12) to SARS, be sure you know the due date: By post or dropping it off in a SARS drop box – 26 September 2014 Electronically at a SARS…