RSM South Africa

South African Revenue Services

The challenges of a VAT registration

18 December 2017
VAT registrations in South Africa can be challenging. However, the correct preparation can make the process much smoother.

Tax debt compromise - the last resort

17 November 2017
We live in hard times. Economic downturns, rising inflation, unemployment rates and the tightening of purse strings by companies all increase the financial stresses that are synonymous with our times.

The challenges of registering a trust as a taxpayer

3 November 2017
To get onto the SARS register nowadays has proven to be quite challenging and time consuming, even more so for a trust.

An employee's guide to understanding your IRP5

19 July 2017
Another tax year has come to an end and the 2017 tax filing season for all individuals opened on 1 July 2017. This is the time when each individual who has received income during the period of 1 March 2016 to 28 February 2017 will need to submit their Income Tax Returns to SARS, either via eFiling or by means of going in to a SARS branch.

Important notification from SARS for all employers

18 July 2017
Notification from SARS for re-submission of 2017 employer annual reconciliation declaration (EMP501) and associated IRP5 /IT3(A) certificates

Transfer Pricing - New record keeping requirements

11 April 2017
In July of 2016 South African Revenue Services issued a draft notice in terms of Section 29 of the Tax Administration Act. The draft notice sets out additional record keeping requirements for transfer pricing transactions.