Late-Submission Tax Penalties implemented by SARS Apply to All Registered Companies (Including Non-Trading Companies.)

SARS clamping down on all non-compliant companies. Failure to complete your tax submissions at the designated deadline, can result in late penalty fees being charged by SARS. This can range from R250 per month backdated for non-trading companies and up to 10% of annual income for trading companies. It is also important to remember to […]