2023 2nd Provisional Tax Return is due on 28 February 2023 28 February marks SARS’ due date for the second Provisional Taxpayers’ 2023 tax return for the tax year 1 March 2022 to 28 [...]
Provisional Tax Provisional taxpayers are required to make two compulsory tax payments during the year of assessment (for example – 1 March 2022 to 28 February 2023). The first is payable [...]
Taxpayers are feeling the effects of a radically hardened attitude by SARS towards taxpayer responsibilities. This, according to Neill Hobbs, CEO of specialist tax advisory firm Hobbs Sinclair, [...]
SARS has issued a notice stating that from 1 December 2022 admin penalties will be charged for late submission of income tax returns which are outstanding from 2007 to 2020. For Individual Tax [...]
Estate planning is a necessary means of ensuring that your loved ones are taken care of following your death. Trusts can work together with a Last Will and Testament to ensure that your assets [...]
Specialist alternative investment fund management company, Anuva Investments has recently confirmed that the South African Revenue Services will recoup any funds invested via the Section 12J tax [...]
“Once you’re into the hang of it, says van Jaarsveld, you can create an actual income statement, giving you a detailed account of your income and expenditure, making you even more in control of [...]
As business South Africa shows signs of emerging from the Covid ashes and subsequent to Minister of Finance, Enoch Godongwana’s budget speech, a timely opportunity is presented to review, [...]
In his maiden budget speech, Minister of Finance, Enoch Godongwana, emphasised the need for a critical balance between saving lives and livelihoods, whilst supporting inclusive growth. Much was [...]