Effective 1 January 2009, SARS has begun imposing a range of stringent penalties in respect of non-compliance by taxpayers, which includes:
- Failure to register as a taxpayer;
- Failure to inform SARS of a change of address and other personal particulars;
- Failure to submit Income Tax returns (ITR12) and other documents.
The abovementioned non-compliances are subject to a recurring penalty (this penalty will be charged each month until the non-compliance has been remedied). The amount of the penalty is determined according to the taxpayer’s taxable income or assessed loss. The table below illustrates the penalty to be charged:
| Assessed loss or taxable income for preceding year | Penalty amount |
| Assessed loss |
R 250 |
| R 0 – R 250 000 |
R 250 |
| R 250 001 – R 500 000 |
R 500 |
| R 500 001 – R1 000 000 |
R 1000 |
| R 1 000 001 – R 5 000 000 |
R 2000 |
| R 5 000 001 – R 10 000 000 |
R 4000 |
| R 10 000 001 – R 50 000 000 |
R 8000 |
| Above R 50 000 000 |
R 16 000 |
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