Category Archives: South African Revenue Service SARS

Types Of Tax In South Africa – SARS

Types Of Tax In South Africa – SARS Air Passenger Tax Capital Gains Tax Corporate Income Tax Customs Duties Diamond Export Levy Dividends Tax Donations Tax Estate Duty Excise Duties and Levies International Oil Pollution Levy Mineral and Petroleum Resource Pay As You Earn Personal Income Tax Provisional Tax Securities Transfer Tax Skills Development Levy Transfer Duty Turnover… Read More »

SARS Corporate Income Tax

SARS Corporate Income Tax Legal enhancements: For the year of assessment (YOA) commencing on or after 1 January 2016, foreign tax credits cannot be claimed as a rebate in terms of section 6quin due to the fact that this section has been repealed. However, taxpayers can claim this type of foreign tax credit as a deduction in terms… Read More »

SARS Capital Gains Tax

SARS Capital Gains Tax Capital gains tax (CGT) is not a separate tax but forms part of income tax. A capital gain arises when you dispose of an asset on or after 1 October 2001 for proceeds that exceed its base cost. The relevant legislation is contained in the Eighth Schedule to the Income Tax Act 58 of… Read More »

SARS Air Passenger Tax

SARS Air Passenger Tax What is it? In 2000 the Minister of Finance announced that an Air Passenger Tax (APT) was to be instituted on chargeable passengers on a chargeable aircraft departing from an airport in the Republic to a destination outside the Republic.  This is also applicable to charter companies.   For more information refer to Section 47(B)… Read More »

SARS Internship Programme

SARS Internship Programme Internships are work-based training programmes that offer trainees work experience.Interns are placed on a 24 month contract and receive a monthly stipend.SARS’s internships are aimed at matriculants and final year students at Higher Education Institutions (HEIs), Further Education and Training (FET) Colleges. SARS Internships 2018 – 2019 What is Internship and how does it work?… Read More »

SARS – South African Revenue Service Procurement

SARS – South African Revenue Service Procurement Welcome to SARS procurement. Here you can –Register as a supplier -Review published tenders  -See closed tenders -See tenders and bids received -See awarded tenders -See cancelled tenders 07 November 2017 – eSourcing SARS Procurement is launching eSourcing to manage end-to-end tender processes, the attached letter explains in detail the system and how… Read More »

SARS – South African Revenue Service Forms

SARS – South African Revenue Service Forms All Forms (alphabetically sorted) ADR1 – Notice of Objection for Trusts and Other Taxes – External (Form) ADR2 – Notice of Appeal for Trusts and Other Taxes – External (Form) APT101 – Agents application for registration cancellation or changing of registered particulars – External (Form) APT102 – Operators application for registration… Read More »

SARS Graduate Development Programme

SARS Graduate Development Programme The Graduate Programme places successful candidates within divisions of SARS to provide a combination of structured learning and workplace experience. Trainees are given a 24 – 36 month contract and receive a monthly stipend. At the end of the contract, trainees who meet SARS’s recruitment requirements and apply for an available vacancy may be… Read More »

SARS Trainee Programmes

SARS Trainee Programmes Our trainee programmes are regarded by many as unmatched within the public service sector. These programmes facilitate learning from leaders and experts through mentorship and coaching. The Internship Programme helps interns to gain work experience and meet the requirement of the Higher Education Institutions in order to be awarded their qualifications. We also recruit final… Read More »