By Leozzy Accounting
As SARS intensifies its data-driven approach in 2025, tax compliance is no longer a once-a-year concern—it’s a year-round obligation. At Leozzy Accounting, we’re here to guide individuals, professionals, and businesses through the evolving compliance landscape with proactive strategies and personalized support.
📈 Why It Matters in 2025
The South African Revenue Service (SARS) is now leveraging advanced AI and data-matching tools to compare your declared information against third-party records. This means even small inconsistencies could trigger audits or penalties. Compliance isn’t just about avoiding penalties—it’s about staying ahead of regulatory expectations.
✅ Key Areas of Tax Compliance
1. Proper Registration
Ensure you’re correctly registered for:
-
Income Tax
-
Value-Added Tax (VAT)
-
Pay-As-You-Earn (PAYE)
-
Provisional Tax, if applicable
📌 Leozzy Tip: A surprising number of small businesses are non-compliant simply because they never registered all applicable taxes.
2. Accurate & Timely Filing
Meeting deadlines isn’t enough—you must file complete and correct returns. SARS now compares your submissions against:
-
Bank statements
-
Employer IRP5s
-
Investment income
-
Medical aid contributions
⚠️ Errors—even unintentional ones—can lead to penalties or automatic assessments.
3. Document Retention
Keep supporting documents for at least 5 years, including:
-
Invoices and receipts
-
Bank statements
-
IRP5s, IT3(b)s, and medical certificates
-
Travel logs (if claiming mileage)
🗂 Leozzy clients receive secure digital storage to simplify this process.
4. Tax Clearance Certificates
Still essential for:
-
Tender applications
-
Business loans
-
Government work
🎯 We help ensure your business remains in good standing to secure funding and contracts.
⚠️ Red Flags SARS is Watching For
🚩 Risk Trigger | 🚨 Example |
---|---|
Bank deposits ≠ declared income | Cash deposits not accounted for in returns |
Luxury lifestyle vs income | Driving a new SUV with R120,000 declared income |
Suspicious VAT refunds | Inconsistent claim history |
Late or amended returns | Multiple changes to previously filed returns |
🧠 How Leozzy Accounting Helps
-
📋 Proactive Tax Planning – Structure your income and investments smartly
-
🧾 Full-Service Filing – Personal, business, VAT, PAYE, and more
-
🛡️ Audit Defense – We assist during SARS reviews or queries
-
🔄 Ongoing Support – Monthly bookkeeping & quarterly check-ins to stay on track
🗓️ 2025 Key SARS Deadlines
Period | Dates |
---|---|
Auto-Assessments (Salaried) | 7 July – 20 July |
Manual Filing (All) | 21 July – 21 October 2025 |
Provisional Tax | First Period: 29 August 2025 |
💬 Final Word from Leozzy Accounting
“The rules may be changing, but the principle stays the same: stay honest, stay prepared, and don’t wait for a SARS letter before you take action.”
At Leozzy Accounting, we make tax compliance simple, efficient, and stress-free. Whether you’re a freelancer, entrepreneur, or growing business, we’re your year-round tax partner.
📞 Need help with SARS or filing this season?
Contact Leozzy Accounting today to schedule a tax health check.