However, instances have been observed where, in the absence of any tangible material on record, bank accounts of taxpayers have been attached, causing severe disruptions to their business operations ...

The South African Revenue Service reports a significant increase in tax compliance, with provisional taxpayers and trusts ...

Social Security benefits are an important source of retirement income, and no one wants to lose this money to taxes. Unfortunately, some retirees do find themselves owing some of their retirement ...

SARS Commissioner Edward Kieswetter says there has been an increase in the number of provisional taxpayers who have filled ...

Preliminary figures for the 2024 tax year show a general increase in compliance for provisional taxpayers and trusts filing ...

Trusts also demonstrated higher compliance levels, with SARS receiving 84,134 returns for the 2024 tax year, up from 68,890 in 2023—an increase of 22.2%.

The federal government taxes the Social Security benefits of some retirees if their provisional income exceeds thresholds for their marital status.