A business can have a fantastic product and still face problems entering certain procurement processes if its tax affairs aren't properly managed. Tax compliance therefore becomes part of business readiness, not just an annual filing chore.
Source: SARS — Tax Compliance Status
Frequently Asked Questions
Why does government care about tax compliance?
Tax compliance forms part of the requirements applicable to certain procurement and business processes.
How can a supplier prove its tax compliance status?
SARS provides electronic Tax Compliance Status mechanisms, including PIN-based verification.
Can tax debt affect compliance status?
It can, depending on the taxpayer's circumstances and SARS's applicable compliance criteria.
