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tax seasonlatest news & developments
The revenue service reduced the credit book on VAT refunds from R41.8-billion in September 2018 to R25-billion by the end of the financial year, acting Sars commissioner Mark Kingon said.
MARK KINGON

Sars kicks off tax season with charter outlining taxpayers’ rights

The Revenue Service is taking steps to improve the service delivered to taxpayers

  • Lameez Omarjee
5 min read
(Oupa Nkosi/M&G)
MARK KINGON

Shorter tax season coming soon

The tax season will now open on July 1 and end October 31 and applies to all individual non-provisional taxpayers

  • Thulebona Mhlanga
3 min read
An estimated 40 000 beneficiaries of the Government Employment Pensions Fund (GEPF) received sharply reduced income for October due to tax deductions as high as 60% in some cases.
SAPA

Tax Administration Bill promulgated into law

Legislation allowing Sars to search business premises without a warrant is expected to come into operation within the next three months.

  • Sapa
2 min read
SOUTH AFRICAN REVENUE SERVICE

Sars receives record number of tax returns

The South African Revenue Service says a record number of 4.86-million income tax returns have been received — 23% higher than the previous year.

  • Staff Reporter
1 min read