Tax Alert

Draft Tax Administration Bill

Tax Alert The Draft Tax Administration Bill, initially announced in the 2005 Budget Review, has finally been made available for public comment.

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VAT Alert

Vat AlertWithdrawal of General Rulings RegisterWith effect 1 December 2009, the last of the general
VAT rulings published on The South African Revenue Service’s (SARS) website in the General Rulings Register are to be withdrawn. This has already been indicated by SARS in its newsletter “VAT NEWS 33” of February 2009.

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Customs Alert

Customs AlertsSARS goes back to basics

Recently, the South African Revenue Service (SARS), Customs and Excise, conducted basic compliance audits at three importers/ manufacturers and issued assessments of between R60 million and R131 million per importer.

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