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SARS cutting a lifeline for these taxpayers in South Africa | SA News

Staff Writer
 ·7 Dec 2025

SARS and the National Treasury have moved to allay concerns around changes to the definition of “bona fide inadvertent errors” in tax filings, noting that the stricter interpretation has corporates and high-net-worth individuals in mind.

Earlier this year, the tax service appeared to cut one of the biggest lifelines to taxpayers that helped them avoid penalties.

Under Section 222(1) of the Tax Act, taxpayers face severe penalties for understatements in their tax assessments.

These penalties can run up to 200% of the shortfall…

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