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SARS to fine non-compliant companies and close corporations

SARS has warned taxpayers that administrative penalties will be imposed for outstanding corporate (companies and close corporations) income tax returns from 1 December 2018. SARS had previously only levied penalties for outstanding income tax returns in the case of outstanding personal income tax returns. The penalties range from R250 to R16,000 per month that non-submission […]

Tax Season 2019 Templates

The following worksheets are available to assist you in supplying us with the necessary information in order to complete your income tax return. These documents are. 1. a schedule of income and expenditure for use where the taxpayer is carrying on a business in their own name. The expenses listed cover the majority of claimable expenses. There […]