SMME’s Impacted by Recent Unrest and Looting?

SARS has published a series of guides to assist SMMEs impacted by recent unrest and looting in parts of Gauteng and Kwazulu Natal. They acknowledged that some businesses would take longer to recover, and some may have challenges honouring their tax obligations due to missing documents, financial constraints, and limited resources.

These guides are in the form of Frequently Asked Questions listed here for your convenience:

• My records and tax supporting documents are missing
• I cannot make my monthly Pay-As-You-Earn (PAYE) payments
• I cannot prepare my Value-Added Tax (VAT) claims/refunds
• I cannot prepare my Provisional Tax returns and Company Income Tax
• Deductions for damages and loss due to unrest and looting
• How to manage your debt with SARS
• How to access the 2021 COVID-19 tax reliefs that were announced by the President
• I cannot prepare my Employer Interim Reconciliations

Contact Onestop Accounting today if you require any assistance regarding the above or any other tax matters.