New Licence Renewal Levy Proposed to Support Road Accident Fund
Transport Minister Barbara Creecy has reportedly proposed an additional fee for motorists renewing vehicle licence discs, aimed at supporting the Road Accident Fund as electric vehicle uptake grows. The proposal responds to concerns that EV owners do not contribute to the RAF through the existing fuel levy, which is charged on petrol and diesel sales. However, the proposal has already drawn criticism, with the Automobile Association questioning whether motorists should face an added fee while the RAF continues to face governance and efficiency concerns.
5-minute read
Taxpayers Urged to Verify SARS Notices as Scam Messages Increase
South African taxpayers are being warned to exercise caution as sophisticated scam emails and SMSes impersonating SARS continue to circulate. According to Daily Investor, these fraudulent messages often demand immediate payment and exploit taxpayer anxiety amid SARS’ intensified enforcement and collection activity. Taxpayers are advised to independently verify all SARS communication before making payments or sharing sensitive information. Where a genuine tax debt exists, early professional engagement remains important, as relief mechanisms such as payment deferrals, compromise applications and penalty remission may be available.
4-minute read
Tax Mistakes Putting Small Businesses at Risk
Many South African SMEs underestimate the time, cost and planning required to stay tax compliant. The article highlights common mistakes that can place small businesses at risk, including poor record-keeping, mixing personal and business finances, late or non-payment of taxes, and limited engagement with SARS when problems arise. SMEs are encouraged to treat tax planning as part of broader financial management, supported by accurate records, timely submissions and professional advice where needed.
3-minute read
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