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| SARS Administrative penalty table |
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| Item |
Assessed loss or taxable income for preceding year |
Penalty |
| (i) |
Assessed loss |
R 250 |
| (ii) |
R0 – R250 000 |
R 250 |
| (iii) |
R250 001 – R500 000 |
R 500 |
| (iv) |
R500 001 – R1000 000 |
R 1 000 |
| (v) |
R100 000 1 – R5 000 000 |
R 2 000 |
| (vi) |
R500 000 1 – R10 000 000 |
R 4 000 |
| (vii) |
R10 000 001 – R50 000 000 |
R 8 000 |
| (viii) |
Above R50 000 000 |
R 16 000 |
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| NB: All penalties are per month the return remains outstanding. |
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