When can taxpayers reply on prescription of Sars’ assessments? – Polity

When can taxpayers reply on prescription of Sars’ assessments?

As is widely known, the general principle is that Sars may not reopen an income tax assessment after three years have expired since the date of issue. This is colloquially referred to as “prescription”. In the case of self-assessment, such as VAT and PAYE declarations by employers, the period is fiv…

https://www.polity.org.za/article/when-can-taxpayers-reply-on-prescription-of-sars-assessments-2019-07-11

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BBBEE Compliance: the construction sector code – what you need to know – via Polity

BBBEE Compliance: the construction sector code – what you need to know

Introduction In October 2013, the revised Broad-Based Black Economic Empowerment (“Generic BBBEE Codes” or “Codes”) Codes were gazetted by the Minister of Trade and Industry (DTI). In April 2015 these (new) Codes came into operation (“new codes”) thereby replacing the existing BBBEE Codes of Good Pr…

https://www.polity.org.za/article/bbbee-compliance-the-construction-sector-code-what-you-need-to-know-2019-07-05