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Registration delays at SARS are costly for taxpayers and the fiscus

13 February 2025 | Tax

South Africa’s fiscus needs every rand in tax revenue it can get, but potentially lucrative revenue streams are out of reach because tax registration snarl-ups prevent would-be taxpayers from contributing.

More than 2 million taxpayers withdraw from their savings pot

03 February 2025 | Tax

The South African Revenue Service (SARS) wishes to announce that to date it has received 2,664 279 applications for tax directives for withdrawals from the Savings Withdrawal Benefit of the two-pot system.

Preliminary figures on 2024-2025 filing season

31 January 2025 | Tax

The South African Revenue Service (SARS) thanks provisional taxpayers and Trusts for filing their annual Income Tax Returns for the 2024 tax year.

What SA’s MNEs need to know about the new Global Minimum Tax Act

21 January 2025 | Tax

President Cyril Ramaphosa recently signed into law the Global Minimum Tax Act and Global Minimum Tax Administration Act.

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