SARS has imposed penalties on nearly 700 000 taxpayers for outstanding returns this year. Most of these taxpayers have been penalised for having just one return outstanding.
Before an amendment to the Tax Administration Act in December 2022, penalties were only imposed on taxpayers with more than one tax return outstanding. The fines range between R 250-R16 000 – depending on your taxable income.
Tax brokers say penalties are coming in fast from the South African Revenue Services. SARS has imposed penalties on nearly 700, 000 taxpayers for outstanding returns this year. Most of these taxpayers have been penalised for having just one return outstanding. #QuestionThinkAct… pic.twitter.com/SgWy5ySgvC
— eNCA (@eNCA) June 1, 2023
Source: eNCA
In other news – Makhadzi Says Farewell To Ex-Boyfriend Master KG In Latest Song
Makhadzi previews a song dedicated to her former boyfriend, Master KG. Taking to social media on Thursday, the singer shared a video of her teary face while previewing the song.
She didn’t mention KG, but it’s no news that the last man she dated was the music producer. The two have broken up twice and the Ma Gear hitmaker has been single for the past 8 months. Learn more
