Tax: As the deadline draws nearer

The South African Revenue Services (SARS) says 3.8 million South Africans had already submitted their tax returns by Tuesday.

"Of those, just over two million returns were completed via eFiling and over 1.8m completed electronically at a Sars branch," spokesperson Marika Muller said in a statement.

As the 2014 tax season draws nearer, there is a rush by tax payers to beat the deadline - 21 November 2014.

With the tax season rush, we are reminded of the adage: The early bird catches the worm.

Have you filed your returns? You have exactly two days left! #TaxCompliance

Find out how we can help http://goo.gl/GjHbS7

Crackdown on Tax Non Compliance!

The South African Revenue Service (SARS) is fighting Tax Non Compliance! SARS is fighting tax crime on many fronts. This is revealed in their In April 2012 Compliance Programme.

In this compliance programme, SARS announced seven priority areas they will be targeting in order to improve compliance, these are:

- Wealthy South Africans and their Trusts.
- Large Businesses and Transfer Pricing.
- Construction sector : Government Tenders.
- Illicit cigarettes.
- Clothing and textiles : Undervalued imports.
-Tax Practitioners and the need to improve their own trade compliance.
- Small business where we SARS need to reduce the cost of compliance.
http://goo.gl/GjHbS7

If you do not submit your tax return by the deadline (21 November 2014), SARS may impose a PENALTY on you. Are you willing to take that risk?

Find out how we can help http://goo.gl/GjHbS7  

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