The latest Tax Practitioner Connect newsletter has been released by SARS.

SARS has published the latest edition of Tax Practitioner Connect, the electronic newsletter for tax practitioners.

Topics covered by the newsletter are as follows:

(i) Filing season for employers ends on 31 May;

(ii) Importance of preparing for annual reconciliations;

(iii) Tips for employers;

(iv) Non-compliance with your PAYE tax obligations can be costly;

(v) Establishment of the SARS High Wealth Individual Unit;

(vi) Corporate Income Tax (CIT): Audit risk re-submission tool and audit letters to specify due dates as from 23 April 2021;

(vii) Changes to the eFiling Tax Type Transfer process for Personal Income Tax products;

(viii) Upload documents before a meeting with SARS;

(ix) Legislation regarding home office expense deduction unchanged.

Find the newsletter here.

04/06/2021