How to legally lower your tax debt without risk

Reading Time: 4 minutes For many taxpayers, accumulating tax debt quickly becomes stifling, but there are legal avenues to reduce obligations without resorting to risky tactics. The South African Revenue Service (SARS) offers several mechanisms to help individuals and...

SARS Targets Crypto Tax Non-compliance

Reading Time: 4 minutes The South African Revenue Service (SARS) has intensified its focus on cryptocurrency taxation, establishing a specialised unit to crack down on non-compliance. This move underscores the growing regulatory scrutiny of digital assets, reflecting...

Implications of donations tax for generous gifts

Reading Time: 5 minutes Generosity often brings joy to both the giver and the receiver, but in South Africa, it can also draw the attention of the South African Revenue Service (SARS). Whether it’s a large monetary gift, a new luxury car, or an interest-free loan to a...

Taxpayers may face legal fee recoveries from SARS

Reading Time: 4 minutes The South African Revenue Service (SARS) has proposed amendments to the Tax Administration Act (TAA) that could significantly impact taxpayers involved in legal disputes. These changes would allow SARS to recover fees and costs when its...

Payment arrangements with SARS explained

Reading Time: 5 minutes When dealing with tax debt, it is crucial to understand that solutions are available to help taxpayers regain financial stability. Payment arrangements and compromises with SARS provide opportunities to resolve tax obligations in a structured...