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Category Compliance - Regulatory
SUB CATEGORIES Acts (FAIS / Pension etc) |  Association for Savings & Investment SA (ASISA) |  Association of Black Securities and Investment Professionals (ABSIP) |  Banking Ombudsman |  BEE (Black Empowerment) |  Competion Commission |  Corporate Governance |  FAIS Ombudsman |  FICA |  Financial Sector Conduct Authority (FSCA) (was FSB) |  General |  Insurance Ombudsman |  Life Ombudsman |  LOA - Life Officers' Association |  NCA - National Credit Act |  PFA - Pension Fund Adjudicator |  SAIA - South African Insurance Association |  SARS - South African Revenue Services |  Short Term Ombudsman |  The Institute of Retirement Funds (IRF)  |  The National Financial Ombud Scheme (NFO) | 

SARS Enforcement Actions

27 September 2007 SARS

Pretoria 27 September 2007: As part of the 2007 filing season, SARS is intensifying its enforcement actions against taxpayers that have neglected to submit their tax returns.
 
Across the country SARS has identified thousands of multiple offenders who altogether owe SARS a total of 450,000 outstanding tax returns. Many of these people have failed to submit a return for several years.
 
Today, SARS officers will be issuing summons to individuals and businesses in the following areas:
*  KZN 250 to 300 summons documents will be issued in the Durban North, Umhlanga and La Lucia areas.
*  Eastern Cape 100 to 150 summons to be served in the Summerstrand and Walmer areas
*  Gauteng: over 300 summons to be served in Pretoria, Midrand and Johannesburg
These actions will continue until all the identified taxpayers have been reached. 

Taxpayers who have been served with the summons will have to, in accordance with the usual procedure, appear before court in about a months time.
SARS is pleased to report that by Tuesday 25 September over 930, 000 had submitted their 2007 tax returns. This represents a high percentage of the 4 million taxpayers on the register.

Taxpayers are reminded that the deadline for submission of the 2007 tax returns is 31 October.
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