SA: Small business amnesty cut-off looms

source: IOL

August 31 2007 at 01:25PM

Small business owners have until 1pm on Saturday to submit their 2006 tax return and financial statements in support of their applications for the small business tax amnesty.

“Sars is encouraged by the number of queries and visits to our offices in the past week,” the SA Revenue Service said on Friday.

Sars would therefore keep their offices open until 6pm on Friday, and in a further effort to assist clients, Sars would also accept documents at its offices between 7.30am and 1pm on Saturday.

“Sars has been made aware, through tax practitioner bodies, that many of their clients who have applied for the amnesty have been unable to obtain relevant documents from third parties such as financial institutions and other sources.”

It was for this reason that Sars had [continue reading]

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