In order to qualify for Small Business Tax you need to pass the following criteria Is your business Turnover/Gross Revenue/Total Income/Revenue Line/Fees less than R20 million per year? Yes or …
It is great when SARS self assesses you. It means that they’ve done all the hard work and you have to reply within a certain couple of days, right? right? …
So just recently there was a court case again SARS, which involved one of the big “bug bears” in the life of a citizen in South Africa. If you owe …
SARS is now set to update taxpayers (business and individuals) during the next few months of 2020. This is nothing new. Your details should be correct with SARS at all …
During COVID, it has given each business owner some time to self reflect and look at what has happened with their business. For most business owners, there was no way …
The SDL payment holiday will be automatically provided. The zero amount SDL Liability will be defaulted on the EMP201 return for the four month period from May to August 2020. …
Where it is found that the incorrect amount of tax was deducted from the employee, a letter will be issued, accompanied by a file containing a list of the certificates …
In total, the penalty may not exceed 10% of the total amount of Employees’ Tax deducted or withheld (or which should have been deducted or withheld) by the employer during …
