Jacqman Services CC

22/07/2026

South Africans who received an automatic assessment from SARS can amend their tax returns from 13 July if they identify missing or incorrect information. While SARS has streamlined the assessment process and issued refunds more quickly, taxpayers should still review their assessments carefully. One area often overlooked is retirement annuity (RA) contributions, particularly excess contributions carried over from previous tax years. These deductions may not always be reflected if SARS did not receive all the necessary information. Retirement annuity contributions remain tax-deductible within the prescribed limits, with the maximum annual deduction increasing to R430,000 from 1 March 2026 for the 2026/27 tax year. Any contributions above the annual limit are carried forward to future tax years and should be reflected on the taxpayer's ITA34 assessment.

Send a message to learn more

19/06/2026

SARS rolls out phased Filing Season:

SARS has introduced a phased approach for the 2026 Filing Season to simplify tax filing. Auto Assessments will run from 1–12 July 2026 for eligible taxpayers, followed by the general filing period from 13 July to 23 October 2026, while provisional taxpayers and trusts have until 22 January 2027.

Taxpayers are encouraged to update their details and use digital platforms such as eFiling and the SARS MobiApp. Refunds may be processed within 72 hours where all information is correct and no verification is required.

Send a message to learn more

26/05/2026

Commissioner Makhubu emphasized that Modernisation 3.0 is central to SARS’s future strategy, focusing on advanced technology, digital services, data-driven administration, and smarter compliance systems. He added that these improvements will be supported by skilled employees through ongoing training and knowledge development to keep up with legal, economic, and technological changes.

He reassured compliant taxpayers that SARS aims to make tax compliance simpler, more transparent, and professional. At the same time, he warned that individuals who intentionally evade taxes or misuse the system will face firm enforcement actions, stressing that a fair tax system depends on everyone contributing responsibly.

Makhubu also reflected on the meaning of Workers’ Day, saying it highlights that institutions should serve people and marks a new phase for SARS built on experience, ethical leadership, and continuity.

Send a message to learn more

12/05/2026

Send a message to learn more

12/05/2026

TAX RETURNS

Certain taxpayers in South Africa may not need to submit an income tax return to South African Revenue Service for the 2026 tax year if their income falls within specific limits. This includes individuals earning under R500,000 from a single employer where PAYE was deducted, limited local interest income, tax-free investment earnings, exempt dividends for non-residents, or a single retirement fund lump sum that was taxed according to a SARS directive.

However, these exemptions do not apply to taxpayers who received travel or subsistence allowances, taxable employment benefits, or foreign employment income.

Taxpayers who receive and accept a SARS auto-assessment are also generally not required to file a return manually. SARS has expanded its auto-assessment system using third-party data to simplify the filing process. Taxpayers must still ensure that all income, deductions, exemptions and rebates are accurate before accepting the assessment. If the auto-assessment is not accepted, a normal tax return must be submitted.

Send a message to learn more

23/03/2026

BIG CHANGES FOR FOREIGNERS WHO OWN PROPERTY IN SA.
Foreign Property Owners in SA face several 2026 tax changes, incl adjusted tax brackets, a higher CGT, and a new VAT threshold. While these offer some relief, foreigners might need to file with SARS even with low income, and benefits like the R3m primary residence exclusion can be difficult to access due to resedency rules. Joint ownership can help maximise tax advantages

26/02/2026

VOLUNTARY VAT REGISTRATION - The voluntary VAT threshold will increase from R50 000 to R120 000. A vendor that makes taxable supplies of more than R120 000 but not more than R2.3 million a year can apply for voluntary registration. The adjustment will take effect on 1 April 2026.

16/02/2026

BIG VAT CHANGES FOR SA.
The South African Revenue Service (SARS) plans to introduce a full VAT e-invoicing system as part of a broader modernization program, with phased implementation expected to begin this year and full roll-out by 2028. The new framework will require businesses to transmit digitally structured VAT data directly to SARS in near real time, giving the tax authority earlier visibility into transactions instead of relying mainly on periodic self-assessments. While the system could streamline compliance and speed up VAT refunds for compliant vendors, it will also increase oversight and require legislative changes, stricter disclosure rules, and potential penalties for non-compliance.

Send a message to learn more

16/02/2026

SOUTH AFRICA HEADING FOR A TAX SHOCK.
South Africa’s tax system is becoming increasingly strained, with a small, older group of high-income earners contributing a disproportionate share of personal income tax, according to the South African Revenue Service. While millions of younger South Africans remain unemployed or earn below the tax threshold, just 2.4% of taxpayers account for the vast majority of personal income tax revenue. Combined with slow economic growth, rising emigration of skilled professionals, and growing government spending pressures, this concentration of the tax base raises concerns about long-term fiscal sustainability.

Send a message to learn more