If you have not submitted your company’s tax returns in terms of tax, PAYE or VAT, contact us today.
SARS has intensified their collection process, and is currently busy raising admin penalties for any outstanding returns. These admin penalties are up to R250 per month for every returns that has not been submitted. This can lead to a substantial amount that has to be paid to SARS.
Business owners must also remember that they have to continue submitting returns as long as the company is registered, even if it is not trading.