SARS

  • CIPC,  income tax,  SARS

    What to do if CIPC has deregistered your company.

    If CIPC has deregistered your company, you have the option to re instate the company. If you do not wish to use the company to trade again, there is need to take further action at CIPC. However, you still need to consider the tax complications. SARS will still hold the tax representative of the company liable for any tax returns or money outstanding on the company. It is therefore very important to finalize the tax and request that SARS deregisters the income tax of the company as well. The tax can haunt you for years and it can cause admin penalties to accumulate. If you need assistance to deregister the…

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