Binc Accounting and Tax Services

The consequences of "Invention" tax:

SARS nails taxpayer with R2 million penalty for tax return fraud SARS has hit a taxpayer with a R3.6 million tax bill, including a R2 million penalty for fraudulent tax return filings.

Where is the balance...

Employers face million-rand fines for hiring undocumented workers - Labour Department Deputy Labour Minister Jomo Sibiya says employers who repeatedly hire undocumented foreign nationals could face fines of up to R1 million as government moves to strengthen labour law enforcement.

Excellent point of balance:

https://www.sabcnews.com/sabcnews/use-of-ai-by-sars-does-impact-on-taxpayers-rights-institute/

Unreasonable to expect this institution to act with integrity ofcourse:

NDA cautions public against over-reliance on anticipated SARS refunds - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader. Debt experts warn consumers against taking short-term loans in anticipation of SARS tax refunds.

It's the small things that make big wins...

Industry push forces Sars to scrap premature trust penalties But trust penalties remain, and new letters of final demand are on their way.

En nou?

‘Make him lie’ — inside the alleged Khan-Malema intelligence watchdog ousting plot The Madlanga Commission of Inquiry has heard details about an alleged plot to coerce the Inspector-General of Intelligence at the time, Setlhomamaru Dintwe, to lie, which would have been grounds for h…

This needs to be the South African picture of the century...years of investigating, country looted to within an inch of life...billions spent on commissions of enquiry, suicides, murders, but here he is (looking worse for wear at least), with Ajay, in a lovey colourful setting...

https://www.dailymaverick.co.za/article/2026-07-02-lamola-orders-probe-after-sa-diplomat-joins-zumas-india-reunion-with-fugitive-ajay-gupta/?dm_source=blocks-list-item&dm_medium=card-link&dm_campaign=inform&utm_campaign=Post-2285&utm_medium=email&utm_source=first-thing

However, you won't be able to login to access any of these new features for the 1st 2 days....

Media Release: SARS unveils smarter, simpler, more secure Filing Season experience for taxpayers

South Africa’s 2026 Filing Season officially opens with SARS rolling out a range of digital enhancements to the taxpayer experience, making tax compliance simpler, faster, and more secure for millions of taxpayers. As at the end of 1 July 2026, more than 1.9 million taxpayers were auto-assessed with about R8 billion refunds paid out in 72 hours: https://bit.ly/4v6mj8A