Sars satisfied with tax collection - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.
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SARS announces start dates and details for 2021 tax season in South Africa – what you should know
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“When did I even register for VAT?” That’s what one of our clients asked after getting a letter from SARS. Automatic VAT registration is real — and it’s happening without your consent. If your business earns R1 million or more in any rolling 12-month period, SARS can: \t•\tRegister you for VAT \t•\tBackdate it to when you first crossed the threshold \t•\tApply penalties and interest All without you applying. And it’s not just VAT. SARS is also assigning income tax numbers automatically, especial
“When did I even register for VAT?” That’s what one of our clients ask…
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