Received a SARS letter of demand? Practical tips to resolve tax disputes fast
Received a SARS Letter of Demand? Learn what it means, what it costs, and what to do next. Our guide offers practical tips to resolve tax disputes fast & avoid penalties.
I closed my business more than 10 years ago. Now SARS has contacted me claiming that I owe them money. I dont have any details for the company or the efiling details. The bookkeeper I used to use has left the country. The Cc was supposed to closed I dont trade at all anymore and I need help sorting all this out.
Company was founded in mid , transacted without making profits for the first year and started growing profits this year() Looking to grow the business this year and attaining asserts for the business. Want to purchase a TLB for rental on the construction sites in and around De Aar. Construction should go on for around 3-5 years more in the area, good opportunity to capitalise on. Need help putting together statements for a bank finance application to purchase one TLB, if more can be purchased then definitely but one is a safe option to start with
Investigation on my tax return because I paid R.00 in and R.00 in that sars claim that I owe them. Last week my employer called to tell me that sars garnished me an amount of R.00 n there they are going to debit R.00 from my pay for sars. My only source of income is from my employer and they debit for my income tax every month. Why am I paying extras on annual basis. Please investigate.
Hi there, I’m a South African tax resident and need assistance ensuring I am fully compliant with SARS for the current and upcoming tax year. My situation is as follows: 1. I was a salaried employee with PAYE deducted until 21 August . 2. From 21 August , I began working as an independent contractor for an international company. 3. No PAYE is being deducted from my contractor income. 4. I remain a South African tax resident and have not ceased residency. I need clarity and assistance on the following: 1. Confirming my provisional taxpayer status. 2. Ensuring any required IRP6 provisional tax submissions are correctly handled (including catching up if necessary). 3. Preparing and filing my ITR12 correctly, reflecting: • IRP5 income (salary portion) • Foreign contractor income • Any provisional payments 4. Advising on penalties or interest exposure if provisional submissions were missed. 5. Setting up a clean, forward-looking structure so I remain compliant going forward. Before proceeding, I would appreciate clarity on: • Your fee structure (once-off vs ongoing) • Whether you handle provisional tax calculations and submissions • Your experience with foreign contractor income • What documentation you require from me I’m looking for accuracy, compliance, and forward planning, not just return submission. Please let me know the next steps and estimated cost. Kind regards,
Good day, My father and I will be starting a small registered Carpentry business where we will be doing kitchens, flooring and construction carpentey, as well as running an online store selling drawers, cupboards, tables etc. We are looking for an accountant to assist with compliance. Kind regards
I am currently looking to appoint an accountant to assist with my company’s accounting, tax, and statutory compliance requirements, and I would appreciate a detailed quotation for the services outlined below. The business is still in its startup phase and began trading in July . To date, turnover has been just under R,. I currently perform the day-to-day bookkeeping myself using Sage Cloud Accounting, and payroll is processed on Sage Cloud Payroll. There are approximately 30–40 transactions per month on the business bank account. I am the sole director of the company but do not draw any salary or funds from the business at this stage. I am also not involved in the day-to-day operations, as the business is currently run by two employees. I require assistance with the following: • Reviewing my bookkeeping to ensure that transactions are correctly captured, allocated, and compliant • Monthly or bi-monthly bookkeeping processing and oversight • VAT return submissions • EMP submissions • EMP reconciliations (twice per year) • Compilation of Annual Financial Statements • Submission of IT14 (Income Tax Return) • Calculation and submission of Provisional Tax Returns (2 per year) • Companies and Intellectual Property Commission (CIPC) Annual Return • CIPC Beneficial Ownership submission In addition to the above, I would value ongoing guidance to ensure that the company remains compliant, tax efficient, and properly structured as it grows.
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Hi I submitted my FY tax return last year and was subsequently selected for an audit regarding the rental income/loss declared. I provided the requested supporting documentation, which was reviewed; however, I lodged an objection as I believe the review was not comprehensive. I have now received further correspondence from SARS requesting additional clarification. Some of the information requested appears to have been included in my initial submission. They are also requesting bank statements reflecting rental income received, as well as proof of maintenance expenses. I would appreciate assistance with: - Interpreting the latest SARS correspondence, - Reviewing my previous submission to assess whether it was adequate, and - Preparing and organising any additional supporting documentation required. Regards
We require a certified and experienced bookkeeper or accountant to process our customer & supplier invoices and receipts via Sage Pastel once a month at our offices in Constantia Kloof in Roodepoort, including VAT returns every 2 months. All our products are imported from around the globe in foreign currencies and processed via the multi currency module in Pastel. Basic payroll services required.
i’m just looking for someone who can do my tax as I work for a US company and apparently I need to be registered as a provisional taxpayer but I need some assistance with professionals in the field since I have no clue what this is about or how to manage these things. I just want to be safe with the taxman.