Latest Tax Practitioner newsletter is available
SARS, 7 June 2022 – Due to ongoing maintenance, eFiling may be intermittently available on Saturday, 11 June, from 20:00 until Sunday, 12 June at 01:00. Our apologies for the inconvenience.
eFiling downtime alert
SARS, 2 June 2022 – The May 2022 issue of the Tax Practitioner Connect newsletter is now available. See the latest edition for news on amended criteria for RCBs, SARS readiness programme, tax directive legislative changes implemented and more.
e@syFile downtime alert
SARS, 1 June 2022 – Due to maintenance on e@syFile, the application will not be available today, 1 June 2022, between 17:00 and 18:00. Our apologies for the inconvenience.
PAYE Annual Reconciliation 2022
SARS, 1 June 2022 – The Annual Reconciliation Declaration (EMP501) submission period closed on 31 May. Employers who have not yet submitted their annual reconciliation declarations can still submit their EMP501 declarations. Please take note that administrative penalties will be charged. Click here for more information on Administrative penalties.
Media release – SARS reminds trusts of their duty to register trusts for income tax purposes
SARS, 27 May 2022 – SARS would like to advise representative taxpayers of trusts of their duty to register trusts for income tax purposes.
Trusts are included in the definition of a “person” in terms of the Income Tax Act, 1962 (ITA), and as such the trustees or representative taxpayers have a responsibility to register all trusts for income tax purposes. Trusts that are required to register include all local trusts, non-resident trusts that are effectively managed in the Republic of South Africa as well as non-resident trusts that derive income from a South African source (for further guidance refer to FAQs on the SARS website https://www.sars.gov.za/businesses-and-employers/trusts/).
The representative taxpayers of trusts are the trustees of a trust, but the responsibility to submit the tax return may be conferred on a specific trustee or a tax practitioner. SARS wishes to remind trustees of trusts that they are required to ensure that the tax returns of trusts are submitted. Currently a trust, whether active or dormant, must submit an income tax return on an annual basis in line with the requirements issued annually by the Commissioner (as is required in terms of section 66 of the ITA). For the 2021 year of assessment, the filing season for trusts opened on the 1st of July 2021.
Filing Season 2022
SARS, 26 May 2022 – Please be advised that in preparation for the opening of the Personal Income Tax Filing Season in July 2022, between the period of 4 June 2022 until the opening of Filing Season, there is a possibility that the prepopulated data reflecting within your Personal Income Tax or Provisional Tax returns requested via eFiling, the SARS Mobi application or via a SARS Branch Office during this period, will pre-populate but may not be comprehensive until Filing Season is officially opened to the public.
New scam with blockchain wallet link
SARS, 24 May 2022 – SARS received reports about phishing attempts that indicate tax payments should be made to blockchain wallets. The notification is purporting to be from SARS, please ignore and do not click on any links. See an example of this blockchain scam here. For the latest scams, keep an eye on our Scams & Phishing webpage and report new scams to email@example.com.