by sait_admin | Dec 9, 2024 | Tax Practice Weekly
Fraudsters still finding new ways to beat the tax system Two weeks ago, SARS took a decision to block the submission of personal income tax returns older than five years on eFiling and requires that taxpayers with outstanding returns must visit a SARS branch to...
by sait_admin | Dec 9, 2024 | Tax Practice Weekly
Fraudsters still finding new ways to beat the tax system With Filing Season 2024 right around the corner and many other taxpayers having received their auto-assessments, fraudsters continue to lurk in the background looking for new ways to beat the tax system. READ...
by sait_admin | Dec 9, 2024 | Tax Practice Weekly
Apex court holds in favour of the taxpayer in its contentious foreign business establishment case with SARS The long-awaited outcome in the matter between Coronation Investment Management SA (PTY) Limited (Coronation) and SARS, which stems from a long-standing matter...
by sait_admin | Dec 9, 2024 | Tax Practice Weekly
Tax practitioners left stranded without eFiling access On Friday, 31 May 2024, SARS started denying access to eFiling profiles where the contact details associated with the profile are linked to more than the maximum number of profiles allowed. This came at a...
by sait_admin | Dec 9, 2024 | Tax Practice Weekly
Ramaphosa assents into law the ‘two-pot’ system bill On 1 June 2024, President Cyril Ramaphosa assented into law the Revenue Laws Amendment Bill, 2023 that permits members of retirement funds access to their retirement savings. The primary objective of the ‘two-pot’...