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SARS MobiApp functionality to be extended to registered practitioners

Following engagements with tax practitioners, we are happy to announce that the SARS MobiApp service offerings will be extended to registered tax practitioners from 22 October 2019. The extended service offerings will allow registered tax practitioners the flexibility to transact on behalf of their personal income tax clients from their mobile devices.

 

This app update will give registered practitioners access to the full suite of MobiApp services for their personal income tax...

Tuesday, October 22, 2019

Tax Administration & Interpretation
(SARS and Office of the Tax Ombud)

Draft Benchmark Regulations Carbon Tax 2 Dec 2019
Wednesday, December 4, 2019
CSARS v Spur Group (Pty) Ltd (A285/2019; A285/2018) ZAWCHC (26 November 2019; 12 November 2019)
Tuesday, December 3, 2019
CSARS v Clicks Retailers (Pty) Ltd (58/2019) [2019] ZASCA 187 (3 December 2019)
Tuesday, December 3, 2019

TAX CASES

Taxpayer v Commissioner for the South African Revenue Service (IT24614) [2019] ZATC 3 (15 November 2019)
Friday, November 15, 2019
Mark Roy Lifman,The Close Corporations, Companies and Trusts vs C:SARS (Case Number: 22820/2016)

This is an application to stay the execution process commenced pursuant to taxes raised following the late filing of VAT and tax returns, and a section 50 enquiry - Tax Administration Act, 28 of 2011.

Tuesday, June 11, 2019
SAFLII
Benhaus Mining (Pty) Ltd v CSARS - 22 March 2019

A company that excavates ground and digs up mineral-bearing ore for a fee on delivery to another entity that processes the ore, undertakes mining operations within the meaning of ss 1 and 15(a) of the Income Tax Act 58 of 1968. It is thus entitled to claim deductions of the full amount of capital expenditure on mining equipment in the tax year in which it is incurred, in terms of s 36(7C) of the Act

Thursday, May 23, 2019
SARS Court Cases

Legislative & Policy
(National Treasury & Parliament)

Media Statement - Confirmation of MTBPS date
Friday, September 20, 2019
Treasury
Advisory - Interacting with the Ministry of Finance
Wednesday, September 18, 2019
Treasury
Media Advisory - Interacting with the Ministry of Finance
Wednesday, September 18, 2019
Treasury

Call For Comment
SAIT member comments can be directed to taxpolicyadmin@thesait.org.za

30 November 2019



Next due date for comments :

Monday, October 21, 2019
SARS
13 December 2019



Next due date for comments :

Monday, October 21, 2019
SARS
​10 October 2019



Next due date for comments :

Wednesday, September 18, 2019
SARS
Click here to view all SAIT submissions

International and Regional News
(OECD and ATAF)

Tax revenues have reached a plateau

Tax revenues in advanced economies reached a plateau during 2018, with almost no change seen since 2017, according to new OECD research. This ends the trend of annual increases in the tax-to-GDP ratio seen since the financial crisis.

Thursday, December 5, 2019
Letter from OECD Secretary-General Angel Gurría for the attention of The Honorable Steven T. Mnuchin, Secretary of the Treasury, United States

Letter from OECD Secretary-General Angel Gurría for the attention of The Honorable Steven T. Mnuchin, Secretary of the Treasury, United States

Wednesday, December 4, 2019
Letter from OECD Secretary-General Angel Gurría for the attention of The Honorable Steven T. Mnuchin, Secretary of the Treasury, United States

Letter from OECD Secretary-General Angel Gurría for the attention of The Honorable Steven T. Mnuchin

Wednesday, December 4, 2019

SAIT PUBLICATIONS

CPD Events

2019 FASSET - Webinar: Effective handling of SARS queries, audits and dispute resolution
View Event

PROFESSIONAL INSIGHT

Revenu Québec announces extended deadline of mandatory disclosure of nominee agreements in Quebec

On May 17, 2019, in Information Bulletin 2019-5, the Quebec Ministry of Finance announced that it would now be mandatory to disclose to Revenu Québec nominee agreements that have tax consequences by filing an information return.

Friday, August 30, 2019
The Singapore Convention on Mediation

Mediation is a flexible dispute resolution process, whereby a neutral, third party mediator helps guide the parties in a dispute towards their own resolution.

Friday, August 30, 2019
What the new carbon tax means for SA industry
Thursday, August 29, 2019
Deloitte
Warranty and indemnity insurance in South Africa’s M&A environment

Warranty and indemnity (W&I) insurance provides cover for losses arising from a breach of a warranty and claims under a tax indemnity arising from a merger or acquisition (M&A) contract.

Tuesday, August 13, 2019
DAC 6: UK implementation of the new EU tax disclosure rules

DAC 6 imposes mandatory reporting of cross-border arrangements affecting at least one EU member state where the arrangements fall within one of a number of “hallmarks”.

Monday, August 5, 2019
29/07/19 VAT Alert - VAT treatment of foreign donor funded projects On 22 July, the Draft Taxation Laws Amendment Bill, 2019, was released for public comment and contains proposed amendments VAT treatment of foreign donor funded projects. Download P...
Tuesday, July 30, 2019
PWC
Real Estate Focus – July 2019

In this edition, we provide updates on proposed reforms to residential leases;, a new register of overseas entities;, property taxes; and the effect of Brexit on leases.

Wednesday, July 24, 2019
Africa Tax Update: Quarterly Newsletter

On 30 May 2019, an important milestone in the history of Africa was reached when the Agreement establishing the Africa Continental Free Trade Area (AfCFTA) entered into force.
In this edition, our contributors look at the AfCFTA from two different angles.
Download the newsletter here
 
 
 
The post...

Thursday, July 4, 2019
Femi Oke
PWC Synopsis June 2019

A monthly journal, published by PwC South Africa, that gives informed commentary on current developments in the tax arena, both locally and internationally.

Tuesday, July 2, 2019
PWC

Tax News In The Press

SARS Destroys Illegally Imported Goods

[SAnews.gov.za] South African Revenue Service (SARS) customs officials have started destroying several illegally imported vehicles and clothing valued at over R7 million in Durban, in a bid to clamp down on illegal imports that harm the economy.

Friday, November 29, 2019
SARS Wins R1 Billion Tax Evasion Case

[SAnews.gov.za] The South African Revenue Service (SARS) has welcomed the Supreme Court of Appeal (SCA) judgment which ended the protracted dispute with Africa Cash & Carry.

Friday, November 29, 2019
29 November 2019 - SARS Customs destroys illegally imported goods valued at over R7-million
Friday, November 29, 2019
28 November 2019 - SARS wins R1-billion tax evasion case
Thursday, November 28, 2019
IPID Calls in Treasury's Help to Investigate Premature Closure of Cases

[News24Wire] Police watchdog, the Independent Police Investigative Directorate (IPID) has obtained help from the National Treasury to complete an investigation into the allegations of the premature closing of cases.

Thursday, November 28, 2019
Finance Minister Backs Formation of Intelligence Unit Within SARS

[Notes from the House] Minister of Finance Tito Mboweni declared that he "fully endorses" the establishment of a unit within the South African Revenue Services (SARS) that is deployed to investigate and gather intelligence on illicit financial flows and granting SARS full "intrusive enforcement capacity" to act against them when necessary.

Wednesday, November 27, 2019