SARS Court Orders – the latest scam…

Reading Time: 3 minutes Beware: SARS Scam Alert! SARS has recently released a statement cautioning taxpayers against emails from unknown senders that attempt to impersonate SARS. These fraudulent emails include a link to what appears to be an official “court order”....

Rising emigration costs amid SARS interest charges

Tags: SARS Reading Time: 4 minutes National Treasury has recently published the Taxation Laws Amendment Bill, which incorporates taxation proposals tabled in the 2021 National Budget.  Several rules pertaining to the income tax treatment of retirement savings upon tax...

SARS closing its net on the wealthy…

Tags: Income tax, SARS Reading Time: 3 minutes SARS (South African Revenue Services) is closing in on individuals who have purchased pricey cars or property in recent years if their declared income tax does not match this lavish lifestyle. Recently, finance minister...

Trading in Cryptocurrencies? Say Hello to SARS…

Tags: cryptocurrencies, SARS Reading Time: 3 minutes Individuals who have invested and are trading in cryptocurrencies are now being audited by SARS (South African Revenue Services) and have been requested to provide more information regarding these investments. Audit...

Earning income from Airbnb? Say Hello to SARS…

Tags: Income, SARS Reading Time: 3 minutes If you are earning an income from guests at an Airbnb, or any other rental income from letting property as an owner, then it is your duty to declare such income to SARS (South African Revenue Services) when doing your tax...