Load Accounting

SARS getting a new secret weapon SARS is set to gain unprecedented automatic access to detailed offshore property information from more than 20 countries, giving the taxman full visibility of South African taxpayers’ foreign real estate.

📢 RED FLAG! ACT NOW! 📢 Failure to maintain proper accounting records and prepare Annual Financial Statements on time (Sections 28, 29, 30, Companies Act) is a serious compliance breach. Directors, ensure you adhere to these vital sections!

SARS is coming after taxpayers’ bank accounts, salaries, and properties A SARS letter of demand could lead to the taxman debiting banks, garnishing salaries or attaching property if South Africans do not act quickly.

SARS announces dates for tax season 2025 – when to expect auto assessments SARS has announced the filing dates for tax season 2025, including details for auto-assessments and what to do when you receive one.

COIDA: Return of Earnings (ROE) filing and Letters of Good Standing (LOGS) Validity COIDA: Return of Earnings (ROE) filing and Letters of Good Standing (LOGS) Validity

SARS nails one taxpayer for R30 million A new court ruling shows SARS is taking a closer look at some business practices which could see shareholders and directors hit with massive tax bills.

The taxman has a new target SARS is cracking down on Employment Tax Incentive abuse, and experts warn that even businesses that have claimed this deduction in good faith should be careful.

SARS coming after bank accounts in South Africa Using AI advancements has contributed massively to SARS’ compliance crackdown, and this includes accessing your bank accounts.

Protect yourself from Scams and Phishing!

✅Do not open or respond to emails from unknown sources.
✅Beware of emails or SMSs asking for personal, tax, banking or eFiling details.
✅SARS will never send you hyperlinks to other websites.

https://www.sars.gov.za/targeting-tax-crime/scams-and-phishing/