Guide for employers
The SARS guide for employers in respect of employees' tax for 2023 has been updated to include the new table of rates per kilometre for motor vehicles.
Alert 40
In this week's alert:
* Guide for employers in respect of employees' tax for 2023
* New channel to register a trust
* Interest Rates
* Taxpayer M v CSARS (IT 45585)
* Guide for employers in respect of employees' tax for 2023
* New channel to register a trust
* Interest Rates
* Taxpayer M v CSARS (IT 45585)
New channel to register a trust
SARS has launched an online functionality for the registration of Trusts for Income Tax purposes.
Interest Rates
SARS has published the April 2022 edition of the Interest Rate Table (Table 3), relating to the rates at which interest-free or low interest loans are subject to income tax.
Taxpayer M v CSARS
This tax case is an Appeal from the Tax Court of South Africa and is in respect of employment tax incentive in terms of the Employment Tax Incentive Act.