End of tax amnesty looms for small businesses

The tax amnesty for businesses with a turnover of less than R10-million a year expires on May 31 this year, the South African Revenue Service (Sars) warned on Monday.

To date, Sars has received close to 18 000 applications for amnesty, said spokesperson Adrian Lackay. “After the deadline, Sars will assume a vigorous enforcement campaign against businesses that are not tax compliant.”

On Monday, Sars officials visited 97 small businesses in Beaufort West in the Western Cape to check the levels of tax compliance and help businesses to apply for amnesty. The Karoo town is a fast-growing centre of economic activity, in particular the transport and associated services sectors. About 20 applications for amnesty were received.

On Friday, the amnesty unit received 201 small-business tax-amnesty applications during an outreach drive in Gauteng. Sars had identified specific business locations in Springs and Pretoria based on a risk assessment of the levels of tax compliance in these areas.

In Pretoria, Sars officials visited 593 businesses located in Bloed and Van der Walt streets and received 158 amnesty applications. As many as 53 additional businesses were earmarked for follow-up inspections.

In Springs on Friday, the Sars effort was complemented with assistance from the Department of Home Affairs and the police. Businesses in the area are largely owned by foreign nationals operating small-scale retail shops.

The inspections secured 43 amnesty applications from the 217 businesses visited. During the inspection, 11 boxes of counterfeit cigarettes were seized and six unlicensed and unroadworthy vehicles impounded.

A hair-salon owner was also arrested for being in possession of two grams of cocaine. — Sapa

Enquiries can be referred to or application forms obtained from the Sars small-business tax-amnesty unit on Tel: 0860 121 220

These are unprecedented times, and the role of media to tell and record the story of South Africa as it develops is more important than ever. But it comes at a cost. Advertisers are cancelling campaigns, and our live events have come to an abrupt halt. Our income has been slashed.

The Mail & Guardian is a proud news publisher with roots stretching back 35 years. We’ve survived thanks to the support of our readers, we will need you to help us get through this.

To help us ensure another 35 future years of fiercely independent journalism, please subscribe.


Eastern Cape schools to only open for grades 3, 6...

The province says the increase in Covid-19 cases has made it re-evaluate some decisions

Malawi celebrates independence day, but the first president left his...

The historical record shows that Malawi’s difficulties under Hastings Banda were evident at the very moment of the country’s founding

Gauteng health MEC Bandile Masuku’s first rule: Don’t panic

As Gauteng braces for its Covid-19 peak, the province’s MEC for health, Bandile Masuku, is putting his training to the test as he leads efforts to tackle the impending public health crisis

press releases

Loading latest Press Releases…

The best local and international journalism

handpicked and in your inbox every weekday