The South African Revenue Service (SARS) says that it will be tightening its VAT registration processes after it detected an “unusually high number of suspicious VAT registrations”. SARS said it ...
According to recent media reports, Sars has launched a new initiative — Project AmaBillions — as part of its broader strategy to boost revenue collection by an additional R70 billion over the next ...
In a significant win for taxpayers on the South African Revenue Service’s (Sars) “narrow” approach to the ability to claim input Value-Added Tax (VAT), the Supreme Court of Appeal (SCA) recently ruled ...
All applicants are now required to submit documents in person. Appointments will also have to be pre-booked on the SARS website. Some tax experts say the new rules are archaic and will hurt small ...
The South African Revenue Service (SARS) has initiated the process of digitising its value-added tax (VAT) collection system. This, after SARS last week published a discussion paper on VAT ...
The South African Revenue Service (SARS) has committed itself to paying VAT refunds to qualifying taxpayers as and when they become due; however, there are bad-faith actors trying to play the system.
The South African Revenue Service (SARS) has confirmed that the planned 0.5% increase in the Value Added Tax (VAT) rate, initially scheduled for May 1, 2025, will not proceed. This decision follows a ...
Given the number of fraudsters and chance-takers in today’s market, hesitancy on the part of the South African Revenue Service (Sars) is present and well-understood. Rather than simply handing out ...
The South African Revenue Service (SARS) has issued a warning to vendors and consumers about the implications of the reversal of the planned 0.5% VAT rate increase. SARS Commissioner Edward Kieswetter ...
While South Africa has been shaking its head at Trump’s whiplash tariff announcements, we seem to be watching a similar scene roll out locally with the controversial VAT increase. The latest news is, ...
For more financial news, go to the News24 Business front page. The South African Revenue Service (SARS) said on Thursday it is imposing stricter conditions on those seeking to register as VAT vendors ...