B2B Central

SARS

07 Oct 2016

Window for special voluntary disclosure of offshore assets has opened

By Janice Roberts

The window period for the Special Voluntary Disclosure Programme (SVDP) offered by SARS to South African taxpayers for the disclosure of offshore assets has started and the clock is ticking.
25 Aug 2016

Dispute between Gordhan and SARS 'places confidence at risk'

By Janice Roberts

In recent weeks, following the local elections, we have been reminded of the importance of democracy – and our commitment to this as a country, has encouraged all stakeholders; citizens, business, investors and politicians alike – all while the world continues to keep a watchful eye on us. However, the ongoing dispute between the Ministry...
04 Jul 2016

2016 Tax season for individuals begins

By Janice Roberts

Tax season for individuals began on 1 July, (ending 25 November 2016), and all relevant taxpayers, are encouraged to get the correct documentation in order to avoid penalties.
01 Jul 2016

TaxTim – Innovative online solution to simplifying tax returns for clients

By Janice Roberts

With a continual upward spiral in the cost of living, everyone is mindful of curbing excess, cutting down on expenses and reigning in debt.  For even the most diligent, the challenge is to unlock value and to maximise where and how we spend our money.  Consumers are increasing looking to their financial service professionals to...
01 Apr 2016

South Africa, we made it!

By Janice Roberts

SARS announces the preliminary outcome of revenue collection – ‘outperforming’ the economy. Read SARS’ full statement here.
01 Apr 2016

Tax revenues marginally more resilient than anticipated

By Janice Roberts

Between the 2015 and 2016 budgets, projected tax revenue for 2015/16 was revised down by R12 billion. However, tax revenues have been marginally more resilient than government had anticipated.
24 Feb 2016

Budget 2016’s tax proposals

By Janice Roberts

In his much anticipated Budget Speech today, Finance Minister Pravin Gordhan said that in view of the need to raise additional revenue and reduce the budget deficit, Treasury had this year paid special attention to the fairness and inclusivity of the tax system.
02 Dec 2015

Screws on for SA tax evaders with offshore funds

By Janice Roberts

From 2016, when The Common Reporting Standard (CRS) comes into operation, there will truly be nowhere left to hide for people seeking to withhold information from SARS.
16 Nov 2015

DTC releases first interim report on Carbon Tax

By Janice Roberts

The Davis Tax Committee (DTC) takes its mandate from its Terms of Reference. Amongst other items, “the terms of reference for the Tax Review Committee are to inquire into the role of the tax system in the promotion of inclusive economic growth, employment creation, development and fiscal sustainability.
02 Nov 2015

Deadline looms for non-provisional taxpayers

By Janice Roberts

Time is running out to file your 2015 tax return with SARS.  Here are a few tips from Yolandi Esterhuizen, Legislation Manager at Sage HR & Payroll, VIP Division to help you streamline this process.