The New Tax year – starts 1 March

The New Tax year – starts 1 March

1 March is the day From 1 March, you will be rolling over into the new tax year. Most payroll systems now “lock down the old tax year” and you can no longer change any of that information. So sort out any issues before the tax year-end. You really don’t want to start...

TAX SEASON 2014 FOR INDIVIDUALS

1 July marks the start of the Tax Season 2014 for Individuals. The annual Tax Season is when you need to complete and submit an Income Tax Return (ITR12) to SARS. During Tax Season, taxpayers need to submit an ITR12 (which is your Income Tax Return) so we can...

CHANGES TO TAX & CUSTOMS REGISTRATION

What is Single Registration? The way you register for tax & customs and update your existing details has changed from 12 May 2014. SARS will now have a ‘Single Registration’ of a taxpayer across all taxes they pay and legal entities they’re associated with. From a...