SARS has revised the Third-Party Appointment process for employers. Payroll teams should update e@syFile, review AA88 notices promptly and strengthen controls around deductions and payments to SARS.
South African businesses selling digital services through online platforms should review how VAT responsibilities are allocated between the platform, the underlying supplier and the customer.
SARS says qualifying micro-businesses can access guided Turnover Tax registration through selected self-service kiosks, giving smaller businesses another route to formalise their tax affairs.
South Africa’s Companies Amendment Act changes remuneration reporting and annual financial statement obligations. Finance teams should confirm which disclosures and AGM processes apply to their company.
SARS has released e@syFile Employer version 8.0.2_418 with an updated EMP501 form. Employers and payroll administrators should confirm their software version and validate payroll data before submitting reconciliations.
SARS now allows taxpayers, registered representatives and tax practitioners to request the unmerging of incorrectly combined entity records directly on eFiling. Businesses should review their profiles before submitting tax returns or making payments.
SARS has published e@syFile™ Employer release notes for version 8.0.2_418. Employers should confirm that their payroll software is updated and complete their EMP501 reconciliation before 31 October 2026.
Non-provisional taxpayers who still need to submit their 2026 income tax returns have until 23 October 2026. Businesses should help employees and owner-managers confirm their personal tax obligations, supporting documents and SARS profile details before the deadline.
SARS has extended the deadline for certain provisional taxpayers who received an automatic assessment to request a reduced or additional assessment. Businesses and sole proprietors should use the extra time to review their tax information, rather than delay action.
The IASB is considering proposed changes to how acquisition-related payments are classified in statements of cash flows. The decisions are not yet final, but South African finance teams can start assessing whether current transaction records will support clearer reporting if the proposals proceed.
SARS has confirmed an important 2026 filing-season change to the tax treatment of certain assessed losses. Sole traders and individuals with side-business income should review whether the revised Section 20A threshold affects their provisional tax estimates and record-keeping.
CMS Circulars 27 and 28 introduce future auditor-rotation requirements for public-interest medical schemes and encourage joint or shared audits. Finance teams should begin mapping tenure, independence and transition requirements well before 2028.