SARS refuses a request for a reduced assessment because the taxpayer’s accountant was its legally appointed public officer. The reasoning appears simple enough: the public officer was authorised to deal with the taxpayer’s affairs, so the taxpayer cannot complain that returns were submitted without authority. There is, however, a fairly obvious problem with that reasoning….
As far as can be discerned, it seems unlikely Parliament will decide on whether to adopt the VAT rate increase announced in the National Budget on 12 March 2025 and indeed approve the announced effective date of 1 May 2025, before 1 May 2025. Not much has been said about what the administrative impact will…
Author: Nico Theron (CTA) SA and Hopolang Mollo (Tax Consultant) Can SARS take collection steps against taxpayers who are victims of fraud? Prevention is better than cure. Maybe, just maybe, that riveting animated training course sent through by Mark from IT on phishing and vigilance against official impersonation may have prevented all of this. Hindsight,…
The 2024 round of tax amendments have been published. Included this year are proposed amendments in the TAA space as follows: Check out Nico’s short explainer video here.
In a legal victory that could save companies time and possibly money, the high court in Pretoria affirmed Absa’s contention that it can bypass a mandated “protracted slog” through a dispute resolution mechanism to resolve a difference with the SA Revenue Service (Sars). Absa took two of the tax agency’s decisions directly on review before…
SARS today released its latest service charter. In it, SARS states that they will do certain things within certain time periods, for example: payout refunds within 72 hours in 90% of cases under certain circumstances; conclude audits within 90 business days in 90% of cases in certain circumstances; and make a decision on a request…
Most taxpayers know that the time periods that govern objections and appeals against assessments by SARS are very strict and, indeed, are very strictly applied by SARS. For example, a taxpayer must object and appeal within a prescribed time period. For the taxpayer, failing to comply with these time periods could have devastating consequences. The…
Clarity for Taxpayers on tax dispute resolution Taxpayers and businesses are under increased pressure as a result of the economic downturn and impact of COVID-19. On the flip side, the South African Revenue Service (SARS) is also under pressure to meet targets. A possible outcome of this double-sided scenario is, according to experts, the potential…
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