LB Accounting Services

SARS apologises for downtime and glitches on tax day SARS’ systems have been hit with glitches and downtime, as multiple tax deadlines land on the same day the service started rolling out auto assessments.

Two types of taxpayers in South Africa that need to watch out for SARS Taxpayers need to be on high alert this tax season, with SARS expected to ramp up its scrutiny of submissions in 2025.

The hidden cost of salary increases in South Africa South Africans looking forward to a nice salary hike in 2025 should sit and crunch the numbers to see if they won’t be losing out in the end.

Bookkeeper sentenced to 12 years for orchestrating R9 million tax fraud against SARS Bookkeeper sentenced to 12 years for orchestrating a sophisticated tax fraud operation costing Sars over R9 million.

Warning!

Using unregistered individuals to perform the work of a Tax Practitioner is risky to you and your tax compliance. Always verify the registration status of your tax practitioner with SARS. Protect yourself!

https://www.sars.gov.za/tax-practitioners/

Urgent: CIPC has initiated a large volume of deregistration!

Stay compliant and maintain your company's good standing by submitting your Annual Returns and Beneficial Ownership Declarations immediately. Confirm your business status at https://bit.ly/3dJNUVs to ensure continued success. Access Media Statement https://bit.ly/4gV61th for more details.

Let’s work together to build a transparent and thriving business environment.

Protect Yourself!

Only use registered Tax Practitioners. Visit the SARS website to verify a Tax Practitioner: https://www.sars.gov.za/tax-practitioners/

Goodbye Meta AI it has been a nightmare. Please note an attorney has advised us to put this on, failure to do so may result in legal consequences. As Meta is now a public entity all members must post a similar statement. If you do not post at least once it will be assumed you are okay with them using your information and photos. I do not give Meta or anyone else permission to use any of my personal data, profile information or photos.

Only Use a Registered Tax Practitioner!

Choose an accredited Tax Practitioner for your tax matters.
• Ask for their tax practitioner number.
• Verify their registration on the SARS website: https://bit.ly/3ETYMOB

Remain vigilant! 4 precautions to take, while eFiling scams ramp up As tax filing season approaches, the hacking of Sars eFiling profiles is increasing, posing a significant threat to sensitive tax information.

These taxpayers don’t have to file a tax return this year Not all taxpayers have to file or submit a tax return this year – these are the ground rules for those who can give tax season a skip.