The latest Tax Practitioner Connect newsletter has been released by SARS

The latest Tax Practitioner Connect Newsletter (issue 26) has been published and deals with a few topics including an appeal by the SARS Commissioner to non-compliant practitioners to become compliant, the establishment of a task team to combat fraudulent alterations of taxpayer eFiling profiles, a discussion regarding the tax principles applicable to crypto assets and more.

The 26th issue of the SARS Tax Practitioner Connect Newsletter covers the following topics:

•  An appeal by the SARS Commissioner to non-compliant practitioners to become compliant;

•  The establishment of a task team to combat fraudulent alterations of taxpayer eFiling profiles;

•  SARS to commence with reporting unlawful use of trademark

•   Pitfalls of deregistration due to non-compliance

•   Posting of VAT201 returns discontinued

•   SARS ups the ante regarding PAYE non-compliance

•   Crypto assets subject to general principles of tax law

•   Difference between a verification and an audit

•   SARS develops induction programme for new tax practitioners

•   Administrative penalties for late submission of Personal Income Tax returns to be imposed

•   How to update Registered Representatives

Find a copy of the newsletter here.

28/10/2021