Your Partner In Growth
Since 1 May 2011, the Companies and Intellectual Property Registration Office (CIPRO) ceased to exist and was replaced by the Companies and Intellectual Property Commission (CIPC). The New Companies Act came into being at the same time, changing the way business owners register a company. The Act stipulates that no new close corporations (CC) can …
Most small businesses are sole proprietorships because this type of business is the easiest and least expensive way to start a business. But what is a sole proprietor? Should you start a sole proprietor business? Are You a Sole Proprietor? If you haven’t selected a specific business form and registered it with your state, you …
What is rental of residential accommodation? If an individual rents out a property and gets a rental income, it will be subject to being taxed. Rental of residential accommodation includes: holiday homes bed-and-breakfast establishments guesthouses sub-renting part of your house e.g. a room or a garden flat dwelling houses and other similar residential dwellings. How …
In our continued effort to improve compliance and to make it even easier for taxpayers to manage their tax affairs, the South African Revenue Service (SARS) has introduced an enhanced Tax Compliance Status System. Being tax compliant and ‘paying your fair share’ is not just good for you, but also contributes to the positive growth …
Help-You-eFile on the SARS eFiling website allows you, the taxpayer, to ask a SARS agent to share your view of the eFiling screen on your personal computer. You have the support and advice of our staff without having to visit a SARS branch. You can even ask a SARS agent to call you back. You can start a …
In this section of the website we’ve simply provided you with some key life stages and how tax matters need to be considered. Tax and starting work. No one teaches you about tax so here are a few helpful tips as to what elements you need to consider. Tax and changing jobs. Many of us …
To protect taxpayers against fraud, new bank details or updates will first have to be confirmed before we can make the changes. Any refunds due will only be processed when the banking details have been verified. Please note: See the info on eFiling profile verification. How do I add or change banking details? If you need …
What’s New? 1 March 2018 – Year-end payments The deadline for outstanding tax returns and payments due by end of March, was Thursday 29 March 2018, before Easter. Due to the long weekend, taxpayers were requested to pay by 12-midday. Pay conveniently online, on time – avoid penalties and interest. Being late could cost you! Do you have …
People who pay income tax are generally individuals who earn an income e.g. from a salary, commission, fees, etc. You do not need to submit a return if ALL the criteria below apply to you: Your total employment income / salary for the year (March 2017 to February 2018) before tax (gross income) was not more …
You may contact SARS by phone, email, fax or visiting a SARS branch: Call our SARS Contact Centre on 0800 00 SARS (7277) between 08:00 to 17:00 International Callers may contact our SARS Contact Centre on +27 11 602 2093 between 08:00 to 16:00 South African local time Email or fax one of our dedicated four …
