How to reduce or settle Sars tax debt legally in South Africa

For many South African business owners, tax debt can quickly become an overwhelming burden. Missed VAT payments, PAYE liabilities that stack up, or provisional taxes that weren’t paid on time – all of these can snowball into significant debt with the South African Revenue Service (Sars). And once Sars begins issuing final demands or appointing third parties (like your bank) to collect the debt, the pressure becomes more than just financial – it’s emotional and reputational, too. 14 Apr 2025 Read more

Understanding the 2025 VAT increase: Key considerations for South African business owners

The upcoming VAT increase announced by the South African government is set to bring notable changes to the business landscape. While adjustments to tax policy are not unusual, the implications of this particular hike will be particularly significant for small and medium enterprises (SMEs). From pricing and profitability to tax compliance and customer behaviour, business owners need to prepare for a shift in how they operate. 8 Apr 2025 Read more

What happens if Sars audits your company – and how to be prepared

For many business owners, receiving a Sars audit notification can be a stressful and overwhelming experience. While audits are a standard part of tax administration, they can become a significant challenge if your records are not in order. Being unprepared can lead to delays, penalties, or even severe legal repercussions. 11 Mar 2025 Read more