Legal Counsel – Secondary Legislation – Income Tax Notices 2024
21 February 2024 – Income Tax Act, 1962: The income tax notices, scheduled for publication in the Government Gazette, relate to the – determination of the daily amount in respect of meals and incidental costs for purposes of section 8(1)(c)(ii) (overnight allowance); and determination of the daily amount in respect of meals and incidental costs for […]
Tax Directives changes and enhancements
21 February 2024 – SARS plans to introduce enhancements to the Tax Directives system on Friday, 23 February 2024, in line with the IBIR-006 Tax Directives Interface Specification Version 6.601. The following enhancements will be introduced: Taxation of local and foreign income, which will cater for South African citizens who earned income both locally and […]
Media release – SARS is committed to supporting fiscal consolidation though improved tax administration
21 February 2024 – The Commissioner for the South African Revenue Service (SARS), Mr Edward Kieswetter, reaffirmed the organisation’s commitment to supporting Finance Minister Mr Enoch Godongwana’s strategy for fiscal consolidation over the medium term. “A well-functioning tax administration within a growing economy is the most sustainable path towards improving the country’s fiscal integrity,” said […]
Alert: Latest scam called Assessment of Tax Obligations Preventive Actions
21 February 2024 – Beware of the latest scam appearing to be an email from SARS with the subject title ‘SARS tax review’. Inside the email is a QR code (Quick Response code), don’t scan it or point your mobile device camera at it. See the assessment of tax obligations scam example here. For the […]
Customs: Inbound and outbound duty and tax-free shops
16 February 2024 – The internal and external policies for inbound and outbound duty and tax-free shops have been updated to align with Section 38 (1)(a) of the Customs and Excise Act. The section specifies that goods entered or cleared may be placed under a Customs warehouse regime, for purposes of being sold in a […]
Legal Counsel – Preparation of Legislation – Draft Documents for Public Comment
16 February 2024 – Income Tax Act, 1962 Draft Interpretation Note – Consequences of an employers failure to deduct or withhold employees’ tax Due date for comment – 15 March 2024
Legal Counsel – Secondary Legislation – Tariff Amendments 2024
16 February 2024 – Customs and Excise Act, 1964: Publication details for tariff amendment notices R4370, R4371, R4372, and R4273, as published in Government Gazette 50129 on 16 February 2024, are now available.
New SARS Complaints number
16 February 2024 – The SARS Complaints Management Office (CMO) contact number has changed to a toll-free number. The new CMO number is 0800 12 12 16 and not 0860 12 12 16 anymore. For more information on the complaints process, see the Lodge a complaint webpage.
Legal Counsel – Secondary Legislation – Tariff Amendments 2024
15 February 2024 – Customs and Excise Act, 1964: The tariff amendments notices, scheduled for publication in the Government Gazette, relate to the amendments to – Schedule No. 1, to implement the revised Tariff Rate Quota in terms of the Economic Partnership Agreement (SADC-EU EPA) – allocations for 2023 (with retrospective effect from 1 January 2023); […]
Legal Counsel Publications – Find a Guide – Customs and Excise
15 February 2024 – Customs and Excise Act, 1964 Accreditation of Clients
