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Updates of South African Tax and other business laws/deadlines/changes. http://t.co/o9WMTFOY9V

South Africa
Joined September 2010
Photo by TaxManSA (@TaxManSA)Photo by TaxManSA (@TaxManSA)Photo by TaxManSA (@TaxManSA)Photo by TaxManSA (@TaxManSA)Photo by TaxManSA (@TaxManSA)Photo by TaxManSA (@TaxManSA)Photo by TaxManSA (@TaxManSA)
#Budget2022 | There is good news for motorists. There will be no increase in the fuel levy this year. This is the first time since 1990 that the fuel levy and Road Accident Fund levy have not increased ow.ly/vLXJ50I29s6.
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Sars is hiring 250 new call centre operators, with just matric and a touch of experience | @BISouthAfrica ow.ly/JKY650HsspS
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Media Release: Physical Impairment or Disability Expenditure Prescribed by the Commissioner The Disability List was updated after an extended public consultation process and published with effect from 1 March 2020 (“the 2020 Disability List”) … bit.ly/3Crx2QJ
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Happy VAT day. Today (30 September) 30 years ago Value-Added Tax was commenced in South Africa, replacing GST (General Sales Tax). #VAT #ValueAddedTax #tax
The National Treasury yesterday presented a R36.2 billion socio-economic relief package to boost activity, after civil unrest earlier this month left destruction costing the economy nearly R50bn. ayr.app/l/1J4C
U.S. senators eye cryptocurrency taxes to fund part of the $550 billion bipartisan infrastructure deal trib.al/IX3peJY
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SA Treasury highlighted that there is enough tax revenue overrun this year for govt to fund the R36bn in support to pay for the damage inflicted by the recent unrest. But what is the opportunity cost? What would govt have done with the R36bn had the unrest not occurred? – at Johannesburg, South Africa
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#INTHENEWS Tax disputes gathering dust Elle-Sarah Rossato, who heads the Tax Administration Act working group of the South African Institute of Taxation, says there are ways to avoid a dispute process with Sars. Read more: buff.ly/3BHX4PO #sars #taxseason #assessment
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SARS again changed the process for existing tax non-residents. If you past filed ITR12 ceasing tax residents, mo more need to file Declaration. Perhaps just sign declaration to be absolutely sure SARS and you on the same page! @TheSaitSA @taxforumcc @hugovzyl
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TaxManSA retweeted
Tax season is here and SARS commissioner Edward Kieswetter says the high unemployment rate is concerning. He says the unemployment rate and company closures, are expected to have an immeasurable impact on the tax base. Dan Moyane speaks to Ettiene Retief, from SAIPA. #DStv403
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SARS has begun to destroy more than 2000 master boxes of illicit cigarettes with potential protected revenue estimated at R17.4 Million. Here are some of the risks associated with illicit imports: youtube.com/watch?v=QUGQPmKP…
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SCORPIO Bribes are not tax deductible: SARS rejects payments by Regiments Capital to letterbox companies dailymaverick.co.za/article/… By Jessica Bezuidenhout @JessBezJourn
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TaxManSA retweeted
💲 The IRS has pulled in more than $20 million in revenue from recent initiatives to enforce taxes on cryptocurrency transactions. btaxgo.com/Y9Y4OUY
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News24.com | SARS to take a closer look at Bitcoin, taxi owners and illegal offshore investments news24.com/fin24/Economy/sar…
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TaxManSA retweeted
The South African Revenue Service (SARS) has attributed the improvement in its revenue collection to a balance between renewed efforts to better its services and tax compliance. sabcnews.com/sabcnews/sars-a…
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According to the OECD South Africa will ratify the MLI "by mid 2021" (p.13). No movement as yet observed in SA parliamentary processes (pmg.org.za/committee/24/).
🔔 Mark your diaries! Next set of peer review results on the prevention of #taxtreaty shopping under the #BEPS Action 6⃣ minimum standard available tomorrow⤵️
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World's top 10 enablers of corporate tax abuse: 1 🇻🇬 British Virgin Islands 2 🇰🇾 Cayman 3 🇧🇲 Bermuda 4 🇳🇱 Netherlands 5 🇨🇭 Switzerland 6 🇱🇺 Luxembourg 7 🇭🇰 Hong Kong 8 🇯🇪 Jersey 9 🇸🇬 Singapore 10 🇦🇪 UAE Our Corporate Tax Haven Index 2021 is now out: bit.ly/CTHI21
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