TitusTax & Accounting

TitusTax & Accounting From tax preparation and bookkeeping to financial statements, we are here to help you

15/05/2026

VAT: Who Must Register?

Register if annual sales exceed R2.3m. Voluntary registration if sales are above R120k.

• Charge VAT on sales
• Sell taxable goods/services
• Ongoing business, not once-off

Registering for VAT can improve cash flow as you can claim back VAT on certain business expenses, enhance business credibility, and support long term growth.

https://www.sars.gov.za/faq/what-is-vat-and-who-needs-to-register/

14/05/2026

Taxpayers are warned of the latest scam where fraudsters (either via SMS or email) make claims that amounts are owed to SARS. These communications are often titled ‘Settlement notification’ or ‘Final demand’, with requests that a link is clicked to facilitate payment. Should you wish to verify whether any amounts are indeed due to SARS, it is advisable that you verify via e-Filing as opposed to clicking any links. Follow this link for an example of this scam.

https://www.sars.gov.za/wp-content/uploads/Docs/Scams/SARS-SCAM-394-Tax-Settlement-Notification-13-May-2026.pdf

19/02/2026

SARS has released the final Business Requirement Specifications for the Crypto-Asset Reporting Framework and the enhanced Automatic Exchange of Information regime, effective 1 March 2026.

If historic crypto-asset or offshore activity has not been properly declared, a proactive review is advisable. The Voluntary Disclosure Programme allows non-compliance to be regularised before SARS initiates enforcement.

As featured in BusinessTech and Polity.

Read the full article to understand how this may affect you: https://bit.ly/404xt0V

11/02/2026

🚨 SCAM ALERT – Fake SARS Email

A fraudulent email is making the rounds, claiming taxpayers owe SARS money and are facing a High Court case.

❌ Do NOT click the link
❌ Do NOT share personal or financial information
✔️ Delete the email immediately
✔️ Verify your tax status through official SARS channels only

Visit our scam alert page:
https://www.sars.gov.za/targeting-tax-crime/scams-and-phishing/

03/02/2026

The South African Revenue Service (SARS) is owed R523 billion undisputed debt from taxpayers as of December 2025. SARS has collected R71 billion since April 2025, but data indicates that the revenue service may not succeed in collecting their target goal of R135 billion by March 2026. https://tinyurl.com/2s9zk7m7

Address

51 Cycad
Sedgefield
6573

Opening Hours

Monday 08:00 - 16:00
Tuesday 08:00 - 16:00
Wednesday 08:00 - 16:00
Thursday 08:00 - 04:00
Friday 08:00 - 03:00

Telephone

+27440085052

Website

Alerts

Be the first to know and let us send you an email when TitusTax & Accounting posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to TitusTax & Accounting:

Shortcuts

Share

Category