South African Tax Clearance Certificate from SARS simplified

If you would like any assistance with your Tax Clearance Certificate, please use the following link:

https://www.swiftreg.co.za/Swiftreg/P...

We at SwiftReg look forward to assisting you. We have a dedicated call center 021-595 44 33 (available during business hours) alternative please browser our website on https://www.swiftreg.co.za/index.aspx for more services.

And now for the video script... :)

A tax clearance certificate is issued by SARS to certify that the entity is tax compliant; in other words that all their taxes due are up to date. However, your tax compliance can change in a matter of months so in 2019 SARS stopped issuing paper based Tax Clearance Certificates, which were valid for a year and introduced an updated validation system called Tax Compliance Status. It has the same requirements, but the compliance status is verified continuously throughout the year and the process is much quicker.

There are two types of tax compliance statuses applicable to your company, namely, Good Standing and Tender. Good standing is applicable for COID applications and most corporate procurement departments; while Tenders, as the name suggests are for Government tenders.

The verification system works by SARS issuing the entity a PIN which can be forwarded to anyone requesting your company’s tax compliance status. The PIN, together with your tax number is all that is required by the viewer to verify your tax status on e-filing. ONLY your tax compliance status is visible to the viewer and no other confidential tax information is displayed.

Your PIN lasts for a year before it expires, and you have to reapply for a new PIN. Assuming your tax affairs are up to date the process is very quick. We will gladly assist you with this process.

The status results are colour coded; green meaning your company is fully tax compliant or red meaning your company is not. Your company’s tax compliance status is dependent not only the company’s tax being up to date but also the individual directors in their personal capacity. Therefore even if one of the directors is not tax compliant then the company too will not be compliant.

If your company is not compliant owing to outstanding tax filings of either the company or any of the directors, SwiftReg is not able to assist with this process. We have however partnered with the MST group who can take care of this for you.

Remember SARS tax returns are completely different to your company’s Annual Returns which are submitted to CIPC. I have made a detailed video on this topic.

So how do you apply for your TCS? Just log on to our site and request the one page application form which will automatically be emailed to you. Complete it, sign the SARS Power of Attorney and return the documents. We will take care of it from here.

We will create and capture the information on your Efiling profile, SARS then takes 3-5 working days to verify the information before they issue the PIN.

It really is that simple so give it a try, however if you get stuck please call our friendly call centre as they will gladly assist you. For further peace of mind please read our client comments on our home page.

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