As a provisional taxpayer, remember the key deadlines for the 2024 fiscal year: First Provisional tax payment: Was due by 31 August 2023 Second Provisional tax payment: Due by 29 February 2024 [...]
The South African Revenue Service (SARS) offers a beneficial tax incentive under Section 18A of the Income Tax Act, encouraging individuals and corporations to support educational institutions [...]
South African VAT vendors should familiarise themselves with SARS’s recently launched automated VAT assessment system. SARS’ notice, which was issued on 11 December 2023 provides that the [...]
By Neill Hobbs Is it worth my while to continue living and paying tax in South Africa? This is a hard-hitting question that keeps many of us awake at night, and it is the most frequent question [...]
In a world where mobile devices flash “suspected scam” and the boundary between curiosity and caution blurs, answering that unknown caller or responding to that dodgy email is a [...]
In the past decade, retirement planning has undergone a significant transformation. No longer is it simply about fading into the background in one’s later years. Instead, retirement has [...]
We get it, life can throw unexpected curveballs, and sometimes meeting tax submission deadlines can be a real challenge and so begs the question, can you get an extension on your tax submission [...]
Estate planning stands as an essential mechanism to secure the well-being of your cherished family members following your passing. By integrating trusts alongside a Last Will and Testament, the [...]
The South African Revenue Service recently introduced Pay As You Earn (PAYE) administrative penalties for the failure to submit EMP501 reconciliations on time. According to SARS, this measure is [...]
Your will, often a deeply emotional document to prepare, serves as your personalised roadmap detailing how your estate should be distributed after your passing. While contemplating the drawing up [...]