Month: November 2014

Tax Risk Insurance – You can’t afford to do without it

“GreatSoft Tax Assist has entered into an agreement with Tax Risk Underwriting Managers (Pty) Ltd, registration number 2014/086896/07 which is a juristic representative of The Hollard Insurance Company Limited, an authorized financial services provider” GTA offers individuals and business owner’s total peace of mind in a highly regulated environment. It is well documented and we …

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SARS CONDUCTS MORE THAN 1.8 MILLION TAX AUDITS

This article from a recent Tax Risk Underwriting Managers Newsletter highlights just how many audits SARS does conduct. “ACCORDING to a report published in the Business Day of 30 September 2014, the South African Revenue Service (SARS) conducted more than 1.8million tax audits, of which about 20,000 were “high-risk, complex and high-impact” cases. High-net-worth individuals also …

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