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SARS eFiling is the official online tax returns submission portal for the South African Revenue Service launched originally under a different name and business model in 2000 [1] by private sector companies. These private sector companies charged an average fee of R46 per transaction for this service.
Categories of Tax within South Africa Type of tax Revenue in Rands 2017/18 Percentage of Total Revenue Income and Profits: R 711.7 bn: 58.5% Payroll and workforce: R 16.0 bn: 1.3% Property: R 16.5 bn: 1.4% Domestic goods and services: R 422.2 bn: 34.7% International trade and transactions: R 49.9 bn: 4.1% Miscellaneous State Revenue (R 0.0024 ...
SARS was established in 1997 by a merger of the customs and inland revenue departments, at the recommendation of the Katz Commission, which had been instituted to review the South African tax system for the post-apartheid era. In subsequent years, under the leadership of Pravin Gordhan, SARS gained a reputation for effectiveness.
This list doesn’t cover every possible tax deadline for 2024, as there are countless tax situations that may involve other dates. For example, if you work for tips, you generally have to report ...
Arena Holdings (Pty) Ltd t/a Financial Mail and Others v South African Revenue Service and Others is a 2023 decision of the Constitutional Court of South Africa on tax confidentiality. The court held that tax confidentiality provisions of the Promotion of Access to Information Act, 2000 and Tax Administration Act, 2011 imposed unconstitutional ...
SAIT publishes TaxTalk every two months. The magazine deals with tax issues for the South African market. [6] In 2014, in comparison to the global average top rate of 32%, South Africa’s top personal income tax rate of 40% was high, and in comparison to the global average corporate tax rate of 24%, South Africa's was 28%.
The Gazette includes proclamations by the President as well as both general and government notices made by its various departments. It publishes regulations and notices in terms of acts, changes of names, company registrations and deregistrations, financial statements, land restitution notices, liquor licence applications and transport permits.
First National Bank of SA Limited v Commissioner for the South African Revenue Services and Another; First National Bank of SA LImited v Minister of Finance is an important decision in South African property law, handed down by the Constitutional Court of South Africa on 16 May 2002.