Most business owners do not intentionally become non-compliant. In fact, many companies believe they are fully compliant until they receive a notice from SARS, discover they cannot obtain a Tax Compliance Status (TCS) Pin, or face unexpected penalties and interest.…
Many business owners assume their company is tax compliant simply because they have registered with SARS or submitted a tax return at some point. Unfortunately, tax compliance is not a one-time event. It is an ongoing responsibility. Every year, we…
Most business owners don’t set out to become tax non-compliant. It usually happens gradually. A VAT return is missed because records are not up to date. A corporate income tax return is delayed because the accountant left. PAYE submissions fall…
Many business owners start their companies with good intentions. They register with SARS, begin trading, and focus on growing their businesses. However, as time passes, accounting records fall behind, tax returns are not submitted, and SARS compliance becomes an overwhelming…
