sars

  1. J

    South Africa wants to tax citizens who work overseas

    South Africa wants to tax citizens who work overseas National Treasury has proposed amendments to South Africa's tax laws that will allow it to tax South Africans who work overseas and enjoy better tax rates.
  3. Newsfeed

    Why your tax refund may take longer this year

    Why your tax refund may take longer this year The South African Revenue Service (SARS) has implemented additional risk processes in the way that it pays out refunds to taxpayers.
  4. C

    Customs VAT not claimed

    The company I work for imports a lot of equipment for resale from China. Yesterday I discovered that the accountants expensed the customs VAT in the income statement and claimed 14% VAT on the expense.. #nocomment I know SARS is strict with regards to VAT refunds, but can we still claim the...
  5. TheBadMadMan

    SARS E-Filing 2017

    A place to discuss e-filing and ways to maximise returns. Source: http://www.sars.gov.za/ClientSegments/Individuals/Need-Help/Pages/Calender.aspx Tax Calendar This basic Tax Calendar has been developed to provide a guide to taxpayers about the key deadlines for the main segments of...
  6. Budza

    Provisional Tax Payer - Work from Home Expenses

    Who's doing this? What can I claim back for? %age of house used as office - utilities etc. Parking? %age of internet cost? %age of interest on bond? Cellphone usage? Hardware? I need a work laptop- personal cheapie (lenovo 100s) is inadequate. I've read through the older threads...
  7. Kevin Lancaster

    New SARS head of IT previously dismissed for “misconduct”

    New SARS head of IT previously dismissed for “misconduct” The new acting chief officer at SARS in charge of all IT systems, including e-filing and system refunds, was dismissed from his previous job at the Limpopo department of health for misconduct.
  8. M

    SARS - Lifestyle audit

    So a family member received a letter from the tax practitioner yesterday, informing that SARS requested a full asset and liability declaration. First off, does this fall into the category of lifestyle audit by SARS or not? Secondly, said person has got a property that the practitioner advised...
  9. K

    Foreign Income Tax Exemption

    Hi guys. Might anyone know more about the in's and outs of the above exemption? I'm about to have my taxes submitted by a tax service, who says that the company I worked for, must re-categorise my salary as 3651 instead of 3601 before I'm able to get the benefit of tax exemption. I read...
  10. Kevin Lancaster

    SARS offices closing early for massive IT upgrade

    SARS offices closing early for massive IT upgrade The South African Revenue Service says its tax and customs offices will close at 5pm on Friday due to a substantial information technology system upgrade and maintenance.
  11. D

    SARS eFiling "special stopper"?

    Does anyone know what a "special stopper" is at SARS My large refund has not been paid despite a verification and audit process being completed. When I call the SARS Contact Centre the agent advises that I have a "special stopper" but will not/can not elaborate or give me any indication of next...
  12. Binary_Bark

    It's cool to pay taxes, says Sars boss Tom Moyane

    It's cool to pay taxes, says Sars boss Tom Moyane
  13. T

    Should a Sole Proprietor Register his employees for PAYE at SARS?

    Hi, I was wondering if someone could help me. I work for a sole proprietorship, we are 4 employees in total. Some earn over the threshold when you become liable to pay tax. The employer does not deduct tax from anyone's salaries and hasn't registered his employees for PAYE, it seems. SARS...
  14. A

    SARS - Married Out of Community of Property with Accrual

    Over the last few years, my wife and I saved for a deposit on a house purchase. We pooled our monthly income into 1 account and any monthly surplus was transferred into a separate money market type account. For tax purposes I was under the impression that we could split the interest income...
  15. S

    RSA MMM user says: MMM is better than Lotto or Powerball eating people for years

    One user posted: "Admin you are lying, when will you post about lotto, soccer6 or power ball which have been eating people all these years? Stop telling lies about MMM. I'm no longer broke at varsity because of MMM,so shut up!"...
  16. Kevin Lancaster

    The secret SARS spy unit gear that anyone can buy

    The secret SARS spy unit gear that anyone can buy Minister of Police Nkosinathi Nhleko recently published a list of equipment and training courses used by the secret SARS spy unit, but experts say anyone can buy the gear.
  17. O

    Tax User does not have applicable rights for captured Income Tax reference number

    Hi Everyone I need help regarding an issue I encoutered trying to apply for tax clearance for close corporation,I am their consultant but SARS declined activating me for some reasons,please advice.
  18. T

    SARS Banking Details

    Good Afternoon All, I bank with ABSA and need to pay SARS money. However If I try to do it from the SARS website it says there is an error. I then log onto ABSA and my bank account and try to pay them using the pre listed ABSA approved benefeciaries however it says there is an error with...
  19. K

    Using CC profits to buy stock to lower declared profits.

    One for the accountants. What are the tax implications if you purchase stock just before the financial year end so as to declare no profit or a loss? The idea is you avoid tax on your profits by spending it on stock before year end. My friend thinks he's found a loophole, but surely SARS...
  20. Kevin Lancaster

    Rogue SARS unit was real - spied on taxpayers

    Rogue SARS unit was real, and was spying on taxpayers A new report by KPMG has confirmed that their was a rogue SARS spy unit spying on South Africans and operating outside the law, the Sunday Times reports.
  21. M

    Tax Directive Outstanding

    Hey All. I'm guessing the answer to my question is to ask my company to apply to SARS for a TAX Directive, but lets paint the picture and then hear what you have to say. So, I left my last company at the end of the 2014 Tax Year, got my 2014 IRP and filed that return. I withdrew some of the...
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