SARS Goes After Advisors: How Tax Practitioners, Lawyers, and Accountants May End Up Liable for their Clients’ Tax Debts

The Supreme Court of Appeal has backed Commissioner Kieswetter and issued a stern warning to all South Africans to refrain from assisting others in evading their tax obligations. Where you are caught, SARS will go after your personally. This is now settled law in South Africa and directors or compan…

https://www.polity.org.za/article/sars-goes-after-advisors-how-tax-practitioners-lawyers-and-accountants-may-end-up-liable-for-their-clients-tax-debts-2024-07-15

SARS and CIPC Compliance Crusade Aimed at Getting South Africa Off the Greylist

On 27 June 2024, SARS announced its enhanced Beneficial Ownership disclosures for the 2024 Filing Season. Not even 24 hours later, the CIPC issued a Media Release enforcing BO declaration, to be able to file Annual Returns. This may simply be a compliance coincidence, but more likely a strategic mov…

https://www.polity.org.za/article/sars-and-cipc-compliance-crusade-aimed-at-getting-south-africa-off-the-greylist-2024-07-08