Page 549 - Juta's Indirect Tax

Notice of process TAX ADMINISTRATION ACT: REGULATIONS AND NOTICES Keep records
SARS Region
Address for Service
Contact details
Contact person
Tel/Fax/Email
Eastern Cape
SARS – Legal Delivery, Support and Partnership (LDS&P)
Revenue Building
Cnr St Mary’s Terrace and Whyte’s Road
Central
Port Elizabeth
6001
Linda Els
Clerk of the Tax Board
Tel (+27) 41 507 7607 Fax (+27) 10 208 3053 Email LEls@sars.gov.za
METHOD OF PAYMENT OF TAX PRESCRIBED IN TERMS OF SECTION 162(2) OF THE TAX ADMINISTRATION ACT, 2011 (ACT No. 28 OF 2011) Promulgated under
GN 415 in GG 37690 of 30 May 2014
In terms of section 162(2) of the Tax Administration Act, 2011, I, Visvanathan Pillay, Acting Commissioner for the South African Revenue Service, hereby prescribe as follows:
1. No payments may be made by cheque if a taxpayer has, in the preceding three years, made two payments by cheque
to SARS that were ‘referred to drawer’.
2. No payments in excess of R50 000, with regard to-
(a) any tax payable under the Income Tax Act, 1962, excluding amounts payable under sections 33, 35A and 54 of that Act;
(b) value-added tax (VAT) payable under the Value-Added Tax Act, 1991; and
(c) employees’ tax payable under the Fourth Schedule to the Income Tax Act, 1962,
may be made by cheque unless a SARS of cial, designated for this purpose by the Commissioner, having
regard to the circumstances, directs otherwise.
3. For purposes of paragraph 2, the total payments made by cheque by any person on any day may not exceed R50 000
for any number of payments required to be made on that day.
4. Where payment of tax is made by cheque-
(a) a separate cheque is required for each tax type with the exception of employees’ tax, unemployment insurance fund contributions and skills development levies; and
(b) the payment of tax must be supported by a SARS payment advice notice that is not older than seven days from the date of the notice.
5. This notice replaces Notice 764 published in Government Gazette 36921 of 21 October 2013.
(Signed)
VISVANATHAN PILLAY
ACTING COMMISSIONER: SOUTH AFRICAN REVENUE SERVICE
DUTY TO KEEP THE RECORDS, BOOKS OF ACCOUNT OR DOCUMENTS IN TERMS OF SECTION 29 AND IN THE FORM IN TERMS OF SECTION 30 OF THE TAX ADMINISTRATION ACT, 2011 (ACT No. 28 OF 2011) Promulgated under
GN 508 in GG 37778 of 27 June 2014
In terms of sections 29 and 30 of the Tax Administration Act, 2011, I, Barry John Stuart Hore, Acting Commissioner for the South African Revenue Service, hereby require that the persons speci ed in the attached Schedule must keep and retain records, books of account or documents prescribed in the Schedule in the form prescribed in the Schedule.
(Signed)
BJS HORE
ACTING COMMISSIONER: SOUTH AFRICAN REVENUE SERVICE
SCHEDULE
1. General
Any term or expression contained in this notice to which a meaning has been assigned in a ‘tax Act’ as de ned in section 1 of the Tax Administration Act, 2011, or the intergovernmental agreement between the Republic and the United States of America to improve international tax compliance and to implement the FATCA, has the meaning so assigned, unless the context indicates otherwise, and the following terms have the following meaning:
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