Who is the Receiver of Revenue?

Who is the Receiver of Revenue?

Receiver of Revenue (SARS) – Rustenburg SARS is the nation’s tax collecting authority. Established in terms of the South African Revenue Service Act 34 of 1997 as an autonomous agency, we are responsible for administering the South African tax system and customs service.

Who collects taxes in South Africa?

The South African Revenue Service (SARS) is the revenue service (tax-collecting agency) of the South African government. It was established by legislation to collect revenue and ensure compliance with tax law.

How does SA tax work?

South Africa uses a residence-based taxation system whereby residents are taxed on worldwide income and non-residents are taxed on South African-sourced income. Indirect taxes, though, such as Value-Added Tax do account for nearly a third of the government’s coffers.

How do I track my SARS refund?

If SARS owes you money, the refund amount and payment date will show on your Statement of Account (ITSA).

1. Follow these easy steps to access your Statement of Account:
2. Step 1: Click on SARS Correspondence > Request Historic IT Notices:
3. Step 2: Select the relevant option to request a Statement of Account:

How do I check my SARS status?

How to access your “MY COMPLIANCE PROFILE” (MCP) via SARS eFiling

1. Step 1: Logon to eFiling. Logon to eFiling by using your login name and password.
2. Step 2: Activate the Tax Compliance Status service.
3. Step 3: View your “My Compliance Profile”

What is IRS South Africa?

Integrated Risk Solutions (the origin of the “IRS” acronym) was founded in 2001 by Chad Thomas, initially as a division of Revenue & Asset Protection Services, to fulfil the need for a reactive forensic financial crime investigation service, risk mitigation service, financial restitution service, and proactive fraud …

How is SARS funded?

The taxes we collect. SARS administers a number of tax Acts, in terms of which money (taxes, duties and levies) is collected and paid into the National Revenue Fund. SARS also collects money on behalf of other departments under their legislation, which is then also paid into the National Revenue Fund.

How much tax does SARS collect?

In the 2018/19 fiscal year SARS collected R 1 287.7 billion (equivalent to US$ 86.4 billion) in tax revenue, a figure R71. 2 billion (or 5.8%) more than that from the previous fiscal year.

What salary is taxable in South Africa?

Generally, if you earn less than R83,100 annually (or less than R128,650 if you’re older than 65), you don’t have to pay income tax. Additionally, you don’t need to file a return if all of the following are true: Your total employment income for the year, before tax, was less than R500,000.

How long will I wait for my SARS refund?

SARS has changed things up a bit this year and advised that they have 7 business days in which to pay out a refund. Taxpayers have been known to receive their refunds within 2-3 days however, let’s hold thumbs! When you have an expense claim, you need to have documented proof of all these expenses .

How to contact SARS for personal income tax?

Taxpayers can now request specific Personal Income Tax related services by sending an SMS to SARS on 47277. The following additional tax related services are offered to taxpayers via their mobile device. These services can be accessed with or without data/airtime: For more detail, see the Guide to SARS Mobile Tax Services.

How is SARS data protected in South Africa?

All information, content and data on SARS websites and associated facilities, including but not limited to software, hyperlinks and databases, is the property of or licensed to SARS and is protected under applicable South African laws. Unauthorised usage of content and/or information is strictly prohibited.

What do you need to know about SARS eFiling?

SARS eFiling is a free, online process for the submission of returns and declarations and other related services. This free service allows taxpayers, tax practitioners and businesses to register free of charge and submit returns and declarations, make payments and perform a number of other interactions with SARS in a secure online environment.

How to make an appointment with SARS in South Africa?

To make an appointment with SARS is now easier, you can send an SMS to request a booking or call the SARS Contact Centre on 0800 00 7277 and select option 0 (zero). A SARS official will book the appointment on your behalf. Click here to Make an Appointment with SARS.