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Tsaals Tsaals
 
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The cost of SARS inneficiency to my business

29 January 2014, 12:48

Here's a situation.....

1) I need to tender next week (7/2/14) to keep my business doors open....

2) I need a Letter of Good Standing. Unfortunately my secretary did not come right with the PAYE submission on 7/1/14 while I as out of town - we then pay over on 10/1/14 when I'm back and request waiver of penalty on 13/1/14. Penalty of 10% is too big for my small business to carry and this was a "once off" situation.

3) SARS tells me over the phone that they only loaded my Request for Waiver(email sent on 13/1/14) today 29/1/14 - and I have to wait 21 days for outcome from today. I therefore have to wait from 13/1/14 to 21/2/14 before I can tender - 5 weeks - how do I carry my business overheads and keep my business open ?

Add to this the cost of tax administration, electricity, fuel and labour laws, then my advice is, - don't start a business and create jobs if you already have a job - it's not worth it.


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