Tax Freedom Day: How Many Days Did You Work for The Taxman in 2020?
“I Have Bad News and – No, Actually I Just Have Bad News” (Rick Riordan) In the current year it has taken the average South African 126 days to pay off their taxes and only from the next day did the taxpayer then work for him or herself. This date fell on 6 May...
Life Made Easier (and Safer) For Non-eFilers
When SARS have requested documentation from taxpayers who do not use eFiling, the taxpayers have had to take these documents into a SARS Branch. Now SARS have launched on online form that taxpayers can complete and upload with the documentation requested by SARS. The...
Your Tax Deadlines for June 2020
5 June – Monthly PAYE submissions and payments25 June – VAT manual submissions and payments28 June – Excise Duty payments30 June – VAT electronic submissions and payments30 June – CIT Provisional Tax Payments where applicable. Disclaimer: The information provided...
Be Ready for a SARS Lifestyle Audit
We read about Eskom staff having to undergo lifestyle audits so that corruption can be identified and stamped out. SARS have been conducting lifestyle audits since 2007. These audits are conducted when SARS suspects that the taxpayer is not declaring all his or...
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