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SARS Communication

FISA received the following communication by SARS:

“Dear Valued Stakeholders

EMP301 Admin Penalty

Please be aware that SARS recently issued several admin penalties incorrectly in respect of PAYE.

This has already been corrected and the correction is reflected on the Statement of Account.

A formal cancellation notice will be issued in due course.

SARS apologises for the impact of this incorrect penalty being imposed.

With warm regards

Karin Smit

Stakeholder Relations”