Author Archives: Adminstrator

SARS will start issuing ‘auto-assessments’ to taxpayers later this year – here’s how it works

The South African Revenue Services (SARS) will start issuing auto-assessments from 1 August. In May, SARS commissioner Kieswetter indicated that a significant number of taxpayers will receive auto-assessments and given an opportunity to confirm their acceptance of the assessment outcome according to SARS. In an emailed response, a SARS spokesperson said that these auto-assessments were […]

[SARS Alert] Interpretation Note 87 (Issue 3) – Headquarter Companies

Purpose This Note provides guidance and clarity on the interpretation and application of section 9I which deals with headquarter companies. The Note also briefly discusses other provisions of the Act that provide special tax relief for headquarter companies, as well as the specific anti-avoidance rules that are designed to prevent misuse or abuse of those […]