GenX Accounting

02/08/2024

27/06/2024

SARS will be rolling out auto-assessments starting next week – with a host of enhancements, updates and changes that taxpayers should be aware of.

03/06/2024

The Tax Administration Act stipulates that SARS can issue administrative penalties for outstanding tax returns. Until recently, SARS could only levy penalties if the taxpayer had two or more outstanding returns between 2007 and 2020. The law has since changed and, from 1 December 2021, SARS can levy...

28/04/2024

Due to South Africa's Grey listing and measures to address that SARS has started targeting Trusts for tax compliance. We have the tools to get you compliant and lead you in making sure your trust is functioning as it should. Contact us for more information.

General disclaimerThese tutorial videos are provided to help taxpayers understand their obligations and entitlements under the tax Acts administered by the C...

17/11/2021

The South African Revenue Service (SARS) sent a letter to stakeholders this week, warning that it plans to get tougher on non-compliant taxpayers in South Africa.

16/11/2021

All Tax Payers please take note. I always recommend doing your tax return manually instead of just accepting the auto assessment. but if you don't do either you will be automatically assessed with no way to object or adjust the returns. Feel free to contact us to assist you with your tax returns to avoid any of these issues

The South African Revenue Service (SARS) sent a letter to stakeholders this week, warning that it plans to get tougher on non-compliant taxpayers in South Africa.

15/08/2021

BusinessTech: The new ways SARS is targeting taxpayers in South Africa.

The South African Revenue Service (SARS) is in the process of upgrading and modernising its systems to more easily facilitate compliance for the country’s growing tax base, says Jashwin Baijoo, legal manager at Tax Consulting SA.