Archive for January, 2010

Registering firms ‘a nightmare’

Posted by Schalk on January 31st, 2010

Johannesburg – It’s an “absolute nightmare” to get new businesses registered at the Companies and Intellectual Property Registration Office (Cipro).

Whereas a year ago a new concern could be registered within a week, the process now easily take six months, says Bruce Wade, the founder of Entrepreneur Incubator, a company helping entrepreneurs to get their businesses off the ground.

The biggest headache is reserving a new name because of the strict rules introduced to prevent name duplication in an effort to combat fraud.

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Sars errors hit taxpayers

Posted by Schalk on January 25th, 2010

Pretoria – The year had scarcely begun when taxpayers were again queueing to resolve errors in their 2009 returns.

The problems relate to returns that were completed at the offices of the South African Revenue Service (Sars).

In September last year Johan Snyman of Pretoria handed his return in the Sars office in Pretoria East. He has a copy of the submitted return as proof.

He received a huge shock when he was informed that the Sars system had no record of his return.

Sars spokesperson Malerato Sekha says such instances are rare and generally related to postal submissions.

But it seems that people who enlisted the aid of Sars have also experienced problems.

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