https://businesstech.co.za/news/finance/463196/ramaphosa-has-signed-new-tax-and-finance-rules-into-law-here-are-the-changes-you-should-know-about/
For info, anyone interested or may be directly affected. New amendments to SARS rules from 1st. March, 2021.
Ones that I thought of interest;
Taxpayers emigrating will only be able to access to their retirement benefits after they have been non-resident for tax purposes for an uninterrupted period of three years.
If SARS issues an assessment on an estimate the taxpayer will be barred from lodging an objection until additional material from the taxpayer is forth coming.
If taxpayer is non- compliance you can be found guilty to a criminal offence due to your negligence.
For info, anyone interested or may be directly affected. New amendments to SARS rules from 1st. March, 2021.
Ones that I thought of interest;
Taxpayers emigrating will only be able to access to their retirement benefits after they have been non-resident for tax purposes for an uninterrupted period of three years.
If SARS issues an assessment on an estimate the taxpayer will be barred from lodging an objection until additional material from the taxpayer is forth coming.
If taxpayer is non- compliance you can be found guilty to a criminal offence due to your negligence.
