Tag: SARS

SEDA reports that many small businesses fail to comply with tax obligations or maintain proper records, which contributes to the high rate of start-up failure in the country

In a move that could ease compliance pressures for very small businesses, the South African Revenue Service (SARS) has expanded access to Turnover Tax registration through a new channel, the ...

When a business crisis hits, a frozen bank account, a SARS alert or a rejected CIPC filing, many entrepreneurs are left unsure of where to turn. Compliance and tax experts ...

Requests for verification of bank accounts from SARS have become a nuisance for many businesses that use eFiling, particularly when they are waiting for refunds and VAT repayments or tax ...

The South African Revenue Service has continued to innovate in improving compliance and accuracy by incorporating third-party data from banks, employers, and other financial institutions. In a statement, SARS says ...