Category Archives: Tax

Your Tax Deadlines for August 2021

7 August – Monthly Pay-As-You-Earn (PAYE) submissions and payments 25 August – Value-Added Tax (VAT) [...]

Tax Filing Season 2021 Opened 1 July: Start Preparing!

 “The secret to getting ahead is getting started.” (Mark Twain) To avoid the last-minute rush, [...]

What You Should Know About Airbnb and Tax

“All forms of rental income must be declared to SARS … We are … determined [...]

Your Tax Deadlines for July 2021

1 July – Start of Filing Season 2021 for Individuals (Non-Provisional) 1 July – Start [...]

Got Cryptocurrency? Here’s How Much SARS Wants…

The future of money is digital currency” (Bill Gates, Co-founder of Microsoft) Note: The risks [...]

Youth Day: Why Our Young People Are So Important to Your Business

“If [business is] not listening to the youth, they are not listening to their future [...]

Your Tax Deadlines for June 2021

7 June – Monthly Pay-As-You-Earn (PAYE) submissions and payments 25 June – Value-Added Tax (VAT) [...]

Uncertain, Costly Power Supply: How to Mitigate Your Risk

“The more that energy costs, the less economic activity there can be” (Robert Zubrin) It [...]

A Basic Guide to PAYE and Four Common Mistakes

“The point to remember is that what the government gives it must first take away” [...]

Your Tax Deadlines for May 2021

7 May – Monthly Pay-As-You-Earn (PAYE) submissions and payments 25 May – Value-Added Tax (VAT) [...]

Selected for SARS Verification or Audit? Here’s What to Expect… and What to Do

“Is there a phrase in the English language more fraught with menace than a tax [...]

Your Tax Deadlines for April 2021

7 April – Monthly Pay-As-You-Earn (PAYE) submissions and payments 23 April – Value-Added Tax (VAT) [...]

Budget 2021: What It Means to You

“Hope is being able to see that there is light despite all of the darkness.” [...]

Budget 2021: Your Tax Tables and Tax Calculator

How much will you be paying in income tax, petrol and sin taxes? Use Fin [...]

Your Tax Deadlines for March 2021

5 March – Monthly PAYE submissions and payments 25 March – VAT manual submissions and [...]

Provisional Income Tax Due 26 February: Do’s and Don’ts for Companies

“The only thing that hurts more than paying an income tax is not having [an [...]

Your Tax Deadlines for February 2021

5 February – Monthly PAYE submissions and payments 25 February – VAT manual submissions and [...]

Companies: How to Manage Your Greater Tax Risk in 2021

“If you think compliance is expensive – try non-compliance.” (Paul McNulty, former US Deputy Attorney [...]

Your Tax Deadlines for January 2021

7 January – PAYE submissions and payments 25 January – VAT manual submissions and payments [...]

Accounting Tips for SMMEs in a Rocketing Tax Future

“The avoidance of taxes is the only intellectual pursuit that carries any reward”: John Maynard [...]

6 Tips for Getting the Most from Your Tax-Free Savings Account

“He said that there was death and taxes, and taxes was worse, because at least [...]

Employees Working Abroad: How to Avoid Double Tax

“Every advantage has its tax.” (Ralph Waldo Emerson) The purpose of the foreign remuneration exemption, [...]

Your Tax Deadlines for December 2020

  7 December – Monthly PAYE submissions and payments 24 December – VAT manual submissions [...]

The Five Most Common Tax Pitfalls That Small Business Owners Should Avoid

There are five common tax pitfalls that owners of small businesses should look out for [...]

Your Tax Deadlines for November 2020

6 November – Monthly PAYE submissions and payments 16 November – D-date for taxpayers filing [...]

Your Tax Deadlines for October 2020

7 October – Monthly PAYE submissions and payments  22 October – D-day for Branch filing [...]

Tax Incentives to Invest in Small Business: The Clock is Ticking

“Creating an environment in which SMMEs can thrive is inextricably linked to creating conditions in [...]

Employees Working from Home: What Tax Deductions Can You Claim?

“We like to give people the freedom to work where they want, safe in the [...]

Your Tax Deadlines for August 2020

7 August – Monthly PAYE submissions and payments 25 August – VAT manual submissions and [...]

Tax Season 2020 will be Easier Thanks to SARS’ New Approach!

“Death, taxes, and childbirth! There’s never any convenient time for any of them” (Margaret Mitchell, [...]

Giving is Good – Just Know Who You are Giving To

There is usually an upsurge in giving when there is a severe crisis. COVID-19 is [...]

Your Tax Deadlines for July 2020

7 July – Monthly PAYE submissions and payments 24 July – VAT manual submissions and [...]

Tax Freedom Day: How Many Days Did You Work for The Taxman in 2020?

“I Have Bad News and – No, Actually I Just Have Bad News” (Rick Riordan) [...]

Life Made Easier (and Safer) For Non-eFilers

When SARS have requested documentation from taxpayers who do not use eFiling, the taxpayers have [...]

Your Tax Deadlines for June 2020

5 June – Monthly PAYE submissions and payments 25 June – VAT manual submissions and [...]

Be Ready for a SARS Lifestyle Audit

We read about Eskom staff having to undergo lifestyle audits so that corruption can be [...]

Your Tax Deadlines for May 2020

7 May – Monthly PAYE submissions and payments 25 May – VAT manual submissions and [...]

On a Lighter Note – Some Entertaining Tax Stories

UK Revenue officials recently released some entertaining excuses from taxpayers: One taxpayer claimed their mother-in [...]

Your Tax Deadlines for April 2020

7 April – Monthly PAYE submissions and payments 24 April – VAT manual submissions and [...]

Your Tax Deadlines for March 2020

6 March – Monthly PAYE submissions and payments 25 March – VAT manual submissions and [...]

Take Advantage of the Venture Capital Company Allowance While You Can

“There are two systems of taxation in our country: one for the informed and one [...]

Your Tax Deadlines for February 2020

7 February – Monthly PAYE submissions and payments 25 February – VAT manual submissions and [...]

Your Tax Returns Are Due: Make Sure You Fill In Your Return Correctly

“The hardest thing in the world to understand is the income tax”  (Albert Einstein) Provisional [...]

Your Tax Deadlines for January 2020

 January – Monthly PAYE submissions and payments 24 January – VAT manual submissions and payments [...]

Your Tax Deadlines for December 2019

4 December – Tax Season 2019 eFiling closes for Individuals (if you are a provisional [...]

Your Tax Deadlines for November 2019

Deadlines this month are – 7 November – Monthly PAYE submissions and payments 25 November [...]

A Break for Taxpayers on Interest Received From SARS

Until last year taxpayers had to accrue interest owed to them by SARS. This proved [...]

Your Tax Deadlines for October 2019

Deadlines this month are – 7 October – Monthly PAYE submissions and payments 25 October [...]

Be Ready For SARS Employee Audits

“Forewarned is forearmed” (Wise old saying) SARS is having trouble meeting its revenue targets and [...]

Your Tax Deadlines for September, and an Update on Tax Season 2018/19

Your third provisional payment for the 2018/2019 tax year is due on or by 30 [...]

SARS: Changes to the Employer Statement of Account

This form is designed so that employers can easily reconcile their payroll taxes (PAYE, UIF [...]

Your Tax Deadlines for August 2019

Individual provisional taxpayers need to submit their first provisional form and payment by or on [...]

How Tax Returns Will Be Easier This Year, and Should You File if You Earn Under R500,000?

“Death and taxes may be inevitable but they shouldn’t be related” (J.C. Watts Jr)” Tax [...]

How Many Days Did You Work For The Taxman In 2019?

“Tax Freedom Day is calculated by dividing general government revenue by GDP at market prices, [...]

Youth Employment Tax Incentive Extended for Ten Years

There is chronic unemployment in the country and it is especially felt by the youth [...]

Your Tax Deadlines for July 2019

There are only run-of-the-mill deadlines for July – 5 July – PAYE submissions and payments [...]

Your Tax Deadlines for July 2019 and Good News for Taxpayers

Firstly, there are no major deadlines in June but tax season opens in July, so [...]

Small Businesses: Make The Most of Your Tax Breaks!

“There are two systems of taxation in our country: one for the informed and one [...]

Tax and Solar Energy Plants: Your Business Can Deduct the Costs Upfront

“If only there was some kind of an infinite power source that was free to [...]

SARS – Important Update on VAT for E-Services from Foreign Suppliers

This has been causing waves since SARS stated its intentions of making electronic services subject [...]

Your Tax and Other Deadlines for May 2019

Your Employer Annual Reconciliation Declaration (EMP501) for the period 1 March 2018 to 28 February [...]

Expat Tax: How Will The Changes Affect You?

“A fine is a tax for doing wrong. A tax is a fine for doing [...]

Sugar Tax: Good for the Taxman, Bad for the Sugar Industry

“If governments tax products like sugary drinks, they can reduce suffering and save lives. They [...]

What Our New Tax Statistics Tell Us

There are only run-of-the-mill tax deadlines in April, but some interesting information emerged from the [...]

VAT Taxpayers: New Relief on Correcting Tax Invoices

There has been an anomaly in VAT law which new legislation has now largely resolved. [...]

SARS Warns Taxpayers: “Use Only Registered Tax Practitioners”

There are no major tax deadlines for March but SARS is again warning taxpayers to [...]