Taxpayers have deliberately understated their taxable income, and the SARS commissioner did not mince words when addressing ...
Their marginal rate could range between 18% to 45% depending ... they have declared incorrect taxable income with the view to have a more favourable tax rate," SARS Commissioner Edward Kieswetter said ...
More than 2.4 million South Africans have applied to withdraw money from their savings components under the two-pot retirement system, with a staggering R43.4 billion paid out to date.
With Sars and the National Treasury looking at high wealth individuals, there is a possibility that the budget speech will include a wealth tax.
Kyle Mandy, tax technical partner at PwC, says this is mainly because of disappointing corporate tax collections for December due to reduced profitability, particularly in the mining sector. In ...
The South African Revenue Service has issued a warning to taxpayers in its latest update related to the 'Two-Pot' retirement system.
This admission was made by the SA Revenue Service (SARS) Commissioner, Edward Kieswetter, during an Allan Gray webinar. The ...
Discover how South African ex-pats can navigate tax relief options to protect their foreign-earned income and avoid double ...
Sars’ Specialised Crypto Unit is intensifying efforts to enforce compliance among cryptocurrency traders, revealing the ...
The South African Revenue Service (Sars) has reported that it has received 2 664 279 applications for tax directives for ...
If there is a debt owed to SARS, it will be deducted in terms of such arrangement. Taxpayers are reminded that tax will be imposed on a withdrawal at a marginal tax rate ranging between 18%-45% ...