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Tax return on a laptop screen

Despite The South African Revenue Service (SARS) declaring that they are pleased at the amount of people who have submitted their tax returns, they have decided to extend the tax filing season.

laptop with tax return screen

The South African Revenue Services have called on citizens in the country to submit their income tax returns before the November 23, 2021 deadline. 

Last month, the Minister of Social Developmentpublished a green paper on Social Security and Retirement Reforms for public comment. One proposal in the green paper would have raised eyebrows around the country. The paper was subsequently withdrawn without an explanation but has started a debate around a basic income grant.

Are you wondering how you can get a tax number? We have all the details for you below.

Tax

If you did not already know, you can now file your tax returns online via SARS new mobile services.

Tax time stickit

If you are wanting to know when the tax deadlines for 2021 are, we have all the details right here. The tax filing season is currently open. 

SARS list

The South African Revenue Service (SARS) will be implementing tax relief measures for businesses affected by Covid-19 and the recent unrest in some parts of the country. 

Different Brands Of Alcoholic Beverages

South African Liquor Brand owners Association (SALBA) is unable to afford taxes when lockdown regulations restrict them from trading. The effect of this is that they cannot afford to pay excise tax.

Couple celebrating their savings

Everyone wants a savvy solution that will make the most of their money and in this regard, one of the most popular topics is a Tax-Free Savings Account (TFSA). While a TFSA sounds great in principle, according to Oliver Balcomb (CFP®), a Director at the Consolidated Group, it is important to understand the mechanics of this investment vehicle before adding a TFSA to your financial portfolio.

SARS office

The South African Revenue Service (SARS) has announced that it will be closing its tax branches temporarily. 

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