D A M Tax Services Pty Ltd

14/05/2026

Tax Directives Legislative Changes and System Enhancements

SARS recently implemented enhancements to the tax directive functionality to correct certain errors and give effect to legislative changes. Whilst we welcome the updates, there do seem to be a few errors currently experienced.

Some tax practitioners and employers have been unable to request directives following the update. It seems that this can potentially be resolved by activating the tax directive tax type again.

In addition, there have been a few complaints that it is not possible to view historical tax directives issued. Directives denied, with reasons thereto can apparently still be viewed.

These issues have been referred to SARS and we await feedback.

For more details on the enhancements: https://lnkd.in/dJaXSBRH

14/05/2026

VAT or Turnover Tax? Understand the difference and decide what works best for your business. See practical examples here: https://bit.ly/4fakOBY

14/05/2026

Small businesses only need to register for VAT once their annual turnover exceeds R2.3 million.

This means:
🔸Less paperwork and administration for your business
🔸Lower cost of tax compliance
🔸More room to grow your business

More info: https://bit.ly/42tqq32

22/04/2026

Media Release: SARS to assist employers and third-party data providers to submit accurate declarations

SARS, in line with its strategic objectives of providing clarity and certainty and making it easy and simple for taxpayers to transact with the organisation is assisting all employers and other third-party data providers to improve their data declarations... https://bit.ly/4tSbvei

13/04/2026

From 1 May 2026, SARS will begin imposing administrative penalties for the non-submission of Trust income tax returns (ITR12T). This marks a significant shift in Trust compliance enforcement, affecting all types of trusts - active, dormant, and passive.
https://bit.ly/3Qgeu1t

31/03/2026

Trusts: Administrative penalties now in play

SARS has gazetted a public notice under section 210 of the Tax Administration Act enabling the imposition of administrative non‑compliance penalties for outstanding Trust income tax returns.

The notice was published in the Government Gazette on 27 March 2026.

SARS may now impose monthly penalties where Trust returns remain outstanding, from the 2024 year of assessment.
Practitioners are encouraged to review Trust portfolios and submit any outstanding returns to prevent penalties from being levied.

Get more insights:https://www.sars.gov.za/wp-content/uploads/PublicNotices/Legal-LSec-TAdm-PN-2026-02-%E2%80%93-Notice-7314-GG-54417-Incidences-of-non-compliance-by-a-person-in-terms-of-section-2102-and-211-27-March-2026.pdf

13/03/2026

Tax Practitioner Connect Newsletter - now available

Read about tax practitioner deregistration procedures and dispute reviews, and important updates to the Income Tax Act, including revised tables of interest rates on taxes and refunds. We also highlight key announcements from the 2026 Budget Speech, which introduce significant tax relief for SMMEs... https://bit.ly/40K0Tlj

26/02/2026

Budget updates fo 2027. Looking good!

26/02/2026

Such good news for small businesses.

26/02/2026