Start of 2018/2019 Financial Year
Appointment of Mark Kingon as Acting Commissioner
Mark Kingon’s appointment was announced by the Minister of Finance, following the suspension of Tom Moyane by President Cyril Ramaphosa,
Year-end payments
The deadline for outstanding tax returns due by end of March and for financial year-end payments, is Thursday 29 March 2018, before Easter,
Extended branch hours
To assist taxpayers with Tax Season 2017, selected SARS branches will be open on Saturdays,
Extended Contact Centre hours
The Contact Centre will be open from 07:30 to 18:50 (weekdays) from 13 to 24 November 2017 to assist with tax season queries,
Deadline for Provisional Taxpayers
A reminder for Provisional Taxpayers that the deadline to submit annual income tax returns (ITR12) through eFiling is 31 January 2018,
Global forum on tax evasion
SARS is this week host to a global seminar on strengthening the fight against tax evasion,
Trade Statistics
SARS released trade statistics for January 2018 that recorded a trade balance deficit of R27.66 billion due to exports of R80.51 billion and imports of R108.17 billion,
Sugary Beverages Levy
SARS will collect the Sugary Beverages Levy (SBL) as from 1 April 2018,
Corporate Income Tax
SARS implemented changes to the Income Tax Return for Companies(ITR14) on 26 February 2018,
Budget 2018
The Minister of Finance announced the Budget for 2018/19. For the impact on tax and tax rates,
How do I get a Tax Directive?
Employers and Fund Administrators can request a tax directive from SARS via the following channels,
Trusts
On 26 February 2018, SARS implemented several changes to the Income Tax Return for Trusts (ITR12T) in respect of the year of assessment ending on 28 February 2017,
Single registration
Allows taxpayers to register, maintain and view associated tax and customs registrations in a consolidated tax profile,
Reporting of Conveyances and Goods (RCG)
Under RCG, it will be mandatory for all Customs cargo reporters in the air, sea and road industries to submit reports to SARS electronically,
Review of your tax return
If you’ve received a SMS or email from SARS to go to your nearest SARS branch, you will need to take the required documents with you,