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Many South Africans are experiencing some form of financial stress owing to the current financial climate. You may miss a credit card or loan repayment and when you try and open an account at your favourite clothing store or apply for a home loan, you may find out that you have been blacklisted, notes consulting agency, Credit Clear.

The South African Revenue Service (SARS) has undertaken to make the filing of annual tax returns for the 2020 filing season as seamless as possible for individuals who diligently fulfil their tax obligations. At the same time, SARS wants to make it as difficult and as costly as possible for non-compliant taxpayers and criminals who … Continue reading “SARS promises strict punishments for South African taxpayers – how to prepare”

The level of activity in the housing market in the months since real estate agencies were allowed to reopen on 1 June has surprised market analysts, says Dr Andrew Golding, chief executive of the Pam Golding Property group.

The South African Revenue Services (SARS) has published new information around and a FAQ around its auto-assessments.

Business group Sakeliga says that there are major contradictions in South Africa’s alert level 2 regulations which should be rectified without delay.

National Treasury and the South African Revenue Service (SARS) published the 2020 Draft Taxation Laws Amendment Bill (Draft TLAB), and the 2020 Draft Tax Administration Laws Amendment Bill (Draft TALAB) for public comment at the end of July.