Year: 2023

4 October 2023 – Income Tax Act, 1962

• Interpretation Note 51 (Issue 6) – Pre-trade expenditure and losses

Source: SARS Tariffs
Legal Counsel – Interpretation and Rulings – Interpretation Notes 41–60

4 October 2023 – The SARS Benoni office is experiencing system issues. Our technicians are attending to the issue. Our apologies for the inconvenience.

Source: SARS Tariffs
SARS Benoni office is experiencing system issues

The new Diesel Refund for Foodstuff Manufacturers has been incorporated in the Refunds and Drawback Policy.

• SC-DT-C-13 – Refunds and Drawbacks – External Policy
• SC-DT-C-13-A01 – Refund Supporting Documents – External Annexure
• SC-DT-C-13-A02 – Customs Worksheet for Schedule 5 – External Annexure
• SC-DT-C-13-A04 – Marking Off 521 Permits Imports – External Annexure
• SC-DT-C-13-A05 – State Warehouse Worksheet – External Annexure
• SC-DT-C-13-A06 – Allocation Codes – External Annexure
• SC-DT-C-13-A07 – Grain Short Landed Certificate – External Annexure
• SC-DT-C-13-A08 – Completion of CR1 – External Annexure
• SC-DT-C-13-A09 – Completion of DA 63 – External Annexure
• SC-DT-C-13-A10 – Completion of DA 64 – External Annexure
• SC-DT-C-13-A11 – Completion of DA 66 – External Annexure
• SC-DT-C-13-A12 – Excise Refunds Supporting Documents Internal – External Annexure
• SC-DT-C-13-A13 – Receipts of imported goods into the VM – External Annexure
• SC-DT-C-13-A14 – Examples of Diesel Refund on Foodstuff – External Annexure

Source: SARS Tariffs
Customs and Excise – Refunds and Drawbacks

2 October 2023 – We invite you to this webinar on tax-deductible donations (section 18A receipts), to help you fulfil your tax obligations and remain tax compliant.

Section 18A tax exempt institutions are required to ensure that funds for which tax-deductible receipts were issued are applied to qualifying activities within the borders of South Africa. To remain in good standing and retain their exemption and section 18A status, there are additional requirements that must be complied with, including the submission of annual third-party returns.

Pursuant to our strategic objectives of providing clarity and certainty and making it easy for taxpayers to comply with their tax obligations, the webinar aims to educate taxpayers on the above-mentioned requirements.

The following topics will be covered:

• S18A legislative requirements
• Qualifying and Non-Qualifying Donations
• Continued Compliance Requirements
• What Donors need to know and do

As an important stakeholder, you are invited to join the webinar. You may also extend the invitation to other interested parties.

Webinar details:

• Theme:  Basic Principles of Tax Deductible Receipts
• Date: Thursday, 5 October 2023
• Time: 17:00 – 19:00
• Platforms: (Virtual) Zoom and YouTube
• Register in advance for this webinar on the following link:  https://sars-gov-za.zoom.us/webinar/register/WN_60XN_n3hTKWIsdGabML1AQ
• Meeting ID:   976 8772 3349
• Passcode:  993487

After registering, you will receive a confirmation email with information on how to login to the webinar for an opportunity to have your questions answered during the session. The webinar will also be recorded and published on the SARSTV YouTube channel afterwards.

YouTube:  https://youtube.com/live/bfou3lJNrMg?feature=share

If you have questions about tax exemption institution status and section 18A, please send an email to section18Aquestions@sars.gov.za

Source: SARS Tariffs
Invitation to a webinar on basic principles of tax-deductible receipts for tax exempt institutions

30 September 2023 – The online registration for the Diesel Refunds for Foodstuff Manufacturers Scheme (DRFMS) is now open. For more information on the refund item, see the click Diesel Refund Foodstuff Manufacturers scheme webpage.

Source: SARS Tariffs
Online registration now open for the Excise diesel refund for Foodstuff Manufacturers

29 September 2023 – South Africa recorded a preliminary trade balance surplus of R13.3 billion in August 2023. This surplus is attributable to exports of R181.3 billion and imports of R168.0 billion.

For more information, see the full Media Release.

Or visit the Trade Statistics webpage.

Source: SARS Tariffs
Media release – Trade statistics for August 2023

29 September 2023 – The registration for the Diesel Refunds for Foodstuff Manufacturers Scheme (DRFMS) will open in the evening of 29 September 2023. Completed applications must be submitted digitally using the SARS Online Query System (SOQS). For more information on the refund item click here.

Source: SARS Tariffs
Registration for Diesel Refund for Foodstuff Manufacturers

28 September 2023 – The SARS Alberton branch is currently unable to assist any taxpayers within the office. All walk-in appointment clients will be contacted by the office this morning to assist virtually or if not possible, an alternative arrangement would be made. Our apologies for the inconvenience.

Source: SARS Tariffs
Alberton branch closed

26 September 2023 – The SARS branch in Rissik street, Johannesburg CBD, remains closed from this afternoon until further notice. All virtual appointments will still be honoured. Our apologies for the inconvenience.

Source: SARS Tariffs
SARS branch in Rissik street, Johannesburg remains closed

26 September 2023 – The SARS pop-up branch schedules for Vrede and Frankfort in the Free State province have been published. These schedules are for the current week ending on Friday, 29 September.

Source: SARS Tariffs
SARS pop-up branches for Vrede and Frankfort