Vukosi Fungeni

Archive for July, 2012|Monthly archive page

SARS Tax season is now on!!

In Tax compliance and advisory on July 4, 2012 at 20:54

I’ve been receiving numerous calls from clients, friends, family and that once every now and then “acquaintance”.  The question they often ask is:  “hey can I claim for this…. err what about that, I need a refund from that Zuma fella he is squandering taxpayers sweat anyway”

……. “The Lack of knowledge or misconception of relevant laws thereof is not sufficient justification for submitting flawed tax returns and wont prevent you from going into jail”.

The Tax Administration Act was promulgated earlier today. If you have read the draft (s) of the Bill, you will be aware that there are some extraordinary powers which have been conferred upon the Commissioner’s representatives to be fairly Read the rest of this entry »