Month: October 2023

17 October 2023 – SARS will be interacting with taxpayers on various radio stations.

Click here to view the October 2023 schedule for Free State and Northern Cape.

Source: SARS Tariffs
Free State and Northern Cape Radio Engagements

17 October 2023 – The SARS Rissik branch in Johannesburg will reopen from tomorrow, 18 October 2023, after the building was closed.

Source: SARS Tariffs
SARS Rissik branch reopens

16 October 2023 – The SARS Kariega branch is fully operational again from this morning, Monday 16 October 2023.

Source: SARS Tariffs
SARS Kariega branch is open again

13 October 2023 – Investment income received for the year of assessment will be prepopulated on the Individual Income Tax Return (ITR12) with third party data sent to SARS.

The total investment income amount field (e.g. source code 4201 for local interest) will be locked on the ITR12 and is the sum of the amounts received per institution. Although the total amount field is locked on the return, the user can edit the information per institution.

To declare investment income not prepopulated on the return, click on the ‘Add’ button and insert the institution name, account number and amount.

To remove incorrect investment income items on the return (e.g. if it does not belong to the taxpayer or to the taxpayer’s spouse in the case of marriages in community of property), click on the ‘Delete’ icon displayed next to the applicable institution name. Note: If prepopulated investment income data is deleted, the return may be routed for verification.

The external guide has been updated:

• IT-AE-36-G05 – Comprehensive Guide to the ITR12 Income Tax Return for Individuals – External Guide

Source: SARS Tariffs
Investment Income Declaration on the ITR12 Return

13 October 2023 – The SARS Kariega branch remains affected by the power outage in the area. All virtual appointments will be honoured. Our apologies for the inconvenience.

Source: SARS Tariffs
SARS Kariega branch remains affected by power outage

12 October 2023 – A massive inter-governmental search and seizure operation across five provinces was carried out today to break the back of a sophisticated criminal syndicate of alleged coal-smugglers, who played a major role in exacerbating the energy crisis and loadshedding.

The South African Revenue Service (SARS) was the lead agency in today’s search and seizure operation because information became available regarding a host of tax crimes allegedly committed by members of the coal-smuggling syndicate.

See the full media statement here.

Source: SARS Tariffs
Media release: SARS together with law enforcement break the coal syndicates

11 October 2023 – The Commissioner for South African Revenue Service (SARS), Mr. Edward Kieswetter welcomed the decision of the Supreme Court of Appeal (SCA) to dismiss the appeal of Mr. Ketsise Motloung and Others, with cost.  The Court held that there was no prospect of success.

The matter was initially brought before the court after SARS concluded an audit of the business, which found that the applicants had intentionally submitted nil returns of both Value Added Tax (VAT) and Corporate Income Tax (CIT) for which it was registered with SARS, while they were actively trading and generating an income and incurring expenses.

See the full media statement here.

Source: SARS Tariffs
Media release: Court confirms that false returns may attract administrative penalties and criminal prosecution

11 October 2023 – The SARS Kariega branch is affected by an unplanned power outage in the area but will honour all virtual appointments. Our apologies for the inconvenience.

Source: SARS Tariffs
SARS Kariega branch is offline

9 October 2023 – SMME Connect edition 6

This edition of SMME Connect reflects on our strategic objectives to provide clarity and certainty for taxpayers to comply with their tax obligations, and to use data to enhance integrity, derive insights, and improve outcomes. We are educating taxpayers and traders through outreach engagements, collaboration with other public stakeholders, and roadshows to gain first-hand understanding of your challenges and needs. Also, read up on the Employer Interim Reconciliation Declaration (EMP501), which is open from 18 September to 31 October 2023.  Click here to read more.

Source: SARS Tariffs
SMME Connect edition 6

9 October 2023 – The Facilities Codes list as used in the Customs Registration, Licensing and Accreditation (RLA) process was updated with the following change i.e. the terminal facility in Durban R1 – Ensimbini Terminals (Pty) Ltd. has been cancelled. See the updated SC-CF-19-A02 – Facilities Code List – External Annexure here.

Source: SARS Tariffs
Customs RLA – Facility Codes list