Tax refunds

SARS has paid over R205-billion in refunds across all tax types in the past 10 and a half months,

Trade Statistics

SARS released trade statistics for January 2018 that recorded a trade balance deficit of R27.66 billion due to exports of R80.51 billion and imports of R108.17 billion,

Extended branch hours

To assist taxpayers with Tax Season 2017, selected SARS branches will be open on Saturdays,

Extended Contact Centre hours

The Contact Centre will be open from 07:30 to 18:50 (weekdays) from 13 to 24 November 2017 to assist with tax season queries,

Deadline for Provisional Taxpayers

A reminder for Provisional Taxpayers that the deadline to submit annual income tax returns (ITR12) through eFiling is 31 January 2018,

Krugersdorp protests

SARS has noted the protest in Krugersdorp affecting residents and businesses in the area. Other SARS channels are open to taxpayers,

Trade Statistics

SARS released trade statistics for December 2017 that recorded a trade balance surplus of R15.72 billion due to exports of R104.32 billion and imports of R88.60 billion,

Global forum on tax evasion

SARS is this week host to a global seminar on strengthening the fight against tax evasion,

Corporate Income Tax

SARS implemented changes to the Income Tax Return for Companies(ITR14) on 26 February 2018,

Trusts

On 26 February 2018, SARS implemented several changes to the Income Tax Return for Trusts (ITR12T) in respect of the year of assessment ending on 28 February 2017,

Budget 2018

The Minister of Finance announced the Budget for 2018/19. For the impact on tax and tax rates,

Reporting of Conveyances and Goods (RCG)

Under RCG, it will be mandatory for all Customs cargo reporters in the air, sea and road industries to submit reports to SARS electronically,

Sugary Beverages Levy (SBL) roadshows

SARS will embark on roadshows to engage industry stakeholders on the implementation of the SBL which is being implemented on 1 April 2018,

Tax Practitioner Connect

The latest edition of Tax Practitioner Connect newsletter is now available,

Single registration

Allows taxpayers to register, maintain and view associated tax and customs registrations in a consolidated tax profile,