SARS has confirmed that the dates for TRUSTS filing season is 16 September to 20 January 2025 for provisional and non-provisional taxpayers.
Image: SARS Image: SARSIn a statement posted on Monday, SARS confirmed that the following enhancements were implemented based on legal and form changes:
Loans, advances, or credit granted to Trusts by connected persons: The exclusion for acquiring a primary residence has been clarified, including funding for improvements to the residence. The limitations regarding the land on which the primary residence is located now also apply. Request for Reduced Assessment : A new feature has been introduced to manage requests for reduced assessments for companies under section 93 of the Tax Administration Act . Taxpayers must complete the Request for Reduced Assessment form, which will generate a case to determine whether they qualify for a reduced assessment.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sars received close to 160,000 tax directives worth R4.1 billion in September so farFor the first 10 days of September, Sars received tax directive applications that totalled R4. 1 billion
Read more »
SASSA September 2024 payments: Children’s grants can be collected TODAYThe South African Social Security Agency (SASSA) commenced paying September grants this week. Here's who can collect today.
Read more »
SASSA September 2024 payments: Older person’s grants can be collected TODAYThe South African Social Security Agency (SASSA) will commence paying September grants from today, Tuesday, 3 September.
Read more »
Significant fuel price drops for September come into effect todayThe new fuel price adjustments come into effect today following strong recoveries to the global oil price and rand-versus-dollar value at the start of August, Cape {town} Etc reports.
Read more »
SASSA September 2024 payments: Disability grants can be collected TODAYThe South African Social Security Agency (SASSA) commenced paying September grants this week. Here's who can collect today.
Read more »
iPhone 16 pre-orders in South Africa — contract and cash price detailsPre-orders opened on Friday, 13 September 2024 and shipping will commence on Friday, 20 September.
Read more »