SARS issued a new PAYE Business Requirement Specification for employers, as well as a new a@syFile version.
FISA received a variety of communications from SARS for our members’ information.
The filing season for employers to lodge EMP501 returns with SARS is from 1 April 2021 to 31 May 2021.
SARS will impose penalties for failure by employers to lodge employees’ tax (EMP501) returns.
From 1 March 2021 changes to the foreign exchange control system will impact the tax compliance status of a taxpayer for foreign investment allowance and emigration purposes.
SARS opened its branch offices to the public as from 17 February.
Mr Mark Kingon, Head of Stakeholder Relations at SARS sent FISA an update on various matters relating to deceased estates.
The South African Revenue Services (SARS) held a workshop with six representatives from FISA with the aim to find joint solutions when dealing with deceased estates.
When a Master’s Office closes due to a Covid-19 case, SARS is also negatively impacted. FISA received the following communication from SARS.
SARS announced that several branches are closed due to strike action.