Income Tax

Are you registering for the first time?  South African Revenue Service (SARS) made changes to the way taxpayers register and /or amend their details.  This is aimed at making registering easier for taxpayers, improving the reliability and security of data and ultimately giving taxpayers a single view of their tax portfolio

When do you need to register for Income Tax?

A Company must be registered with the Company Intellectual Property Commission (CIPC) to obtain a registration number.  For registration procedures see New Company Registration

The company will then be registered automatically as a taxpayer.  A Company which does not hear from SARS after registering with CIPC, must contact their nearest SARS office.  If a company is not yet registered with SARS, they will, for security reasons, need to do their first-time registration at a SARS branch, together with BRW’s Tax Practitioner Consultant.  They will not be able to register for the first time via e-filing.  Depending on other factors such as turnover, payroll amounts, whether involved in imports and exports etc, a taxpayer could also be liable to register for other taxes, duties, levies and contributions such as Value Added tax (VAT), Pay-as-you-earn (PAYE), Customs, Excise, Skills Development Levy (SDL) and Unemployment Insurance Fund (UIF) contributions

What if you want to register for another tax product?

Once registered for Income Tax, if you wish to register for VAT or PAYE, you don’t need to go through a lengthy registration process as BRW handle all registration processes and face the long queues on your behalf.  Registration for Income Tax, PAYE, and VAT will be realtime, upon our scheduled appointment dates with SARS.  VAT possibly requiring an additional review step.  If your application are send for review, the VAT application might take up to approximately 21 working days

Registration for Customs and Excise products (Import and Export) will follow the same process as it always has, i.e the relevant original application forms and annexures, and supporting letters and documentation, have to be send originally to BRW, in order for us to lodge it to SARS on your behalf.  The application will be reviewed by the SARS branch but will be send to Customs Hub for processing and finalization.  This process takes approximately 10 – 15 working days