With tax season in full swing, taxpayers have been warned to respond to SARS’ demands as soon as possible to avoid falling foul of the law.
With tax season 2024 in full swing, taxpayers have been warned not to tarry or ignore the South African Revenue Services when it comes knocking, or steep fines and penalties or jail time may be on the cards.
Under section 234 of the Tax Administration Act, 28 of 2011, SARS outlines a veritable laundry list of criminal offences that could land taxpayers in hot water. If caught on the wrong end of SARS’ processes, Tax Consulting said that taxpayers should act immediately. “Upon receipt, your sensors should immediately be on high alert as this is a serious matter and ignoring it can lead to severe consequences. It is crucial to address the highlighted non-compliance immediately.”
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