Avoid costly tax and accounting mistakes as an entrepreneur. Learn about key financial errors and tips to protect your business.

SARS would rather you didn’t but failing to submit a 2024 tax return could see you miss out on a juicy refund. Here’s why …

With R10 billion already paid out, what can you do if you’re unhappy with your 2024 tax refund? Here’s what the experts say …

The South African Revenue Service has apologised for the 2024 tax chaos that ensued, following the reversal of more than 30 000 refunds.

Want to complete your 2024 tax return but need to change your SARS eFiling username and password? Here’s how you do it …

Seriously, it’s so super-easy to save on tax in 2024. We’ll explain the five best ways you can reduce your tax contribution …

Tax practitioners warn this one mistake if you’re trying to be conscientious on your 2024 tax return could cost you a refund, or worse …

Tax evasion is illegal and tax avoidance in South Africa is a perfectly legitimate way to lessen your contribution to the state. Here’s how it works …

Unsure about 2024 income tax return filing? Worried you might lose a refund due to SARS auto-assessment? Let’s look at the essentials …

With SARS auto-assessments already sent out to millions, these are the taxpaying salary earners that do not have to file a return in 2024 …

The clock is ticking to the start of the 2024 SARS tax return season. Here we’ll answer some FAQs about the submission process …

With tax season right around the corner, experts warn that 2024 online eFiling is vulnerable to hacking. Here are the precautions to take …

With 2024 tax season just around the corner, don’t forget to claim tax on a home office in South Africa, if you’re eligible. Here’s how …

What’s the difference between a provisional and individual 2024 SARS taxpayer? And when are the respective submission deadlines?

Tax season opens in a few weeks’ time with round one of 2024 SARS auto-assessment. But here’s why you should not just accept it out of hand …

The only two certainties in life are death and taxes, and just like that SARS has released important 2024 tax dates you should diarise …

Before you turn your attention to your Sunday roast this Easter, don’t forget about this major 2024 SARS tax deadline.

The South African tax base needs to be expanded urgently. Here’s what can be done and why small business owners hold they key.

SARS could substitute all taxes with this simple-yet-innovative idea adopted in Mauritius. But it chooses not to …

How SARS spends taxpayer money in 2024 is easy to digest if you break it down in R100 increments. South Africa’s debt portion is a concern …

Starting on 1 September 2024, government anticipates a substantial two-pot retirement windfall from the scheme. Here’s why …

R6 out of every R10 goes towards South African social welfare in 2024. The question is, could it be better spent elsewhere?

Many have overlooked just how much South Africa’s creeping tax brackets will cost low- to middle-income earners … It’s scary!

Here’s WHY South Africans might NOT want that promotion/salary increase because of government’s ‘creeping’ income tax brackets in 2024.

If National Health Insurance in South Africa is green-lit in tomorrow’s (21 February 2024) budget speech, economists are expecting the worst.

Introduction of the long-talked-about Basic Income Grant in 2024 would boost not just the poor but the SA economy as a whole, say experts.

Launched this week, before the end-of-year shutdown, here’s what VAT vendors need to know about SARS auto assessments for 2023/2024.

The South African Revenue Service is about to become a victim of its own success. Here’s what you need to know so you don’t get caught up.

The report card for SARS 2023 tax results are in! Want to know how we did as a nation? It’s not ALL bad, says the taxman.

Cristiano Ronaldo’s hair transplant clinics face a fiery investigation over tax matters as tax authorities challenge their VAT exemptions.

Royal AM boss, MaMkhize, and her estranged husband Sbu Mpisane – who owns Royal Eagles –are in trouble with SARS.

A reminder that if you’re one of the 925 000 taxpayers who has put it off, the SARS income tax return deadline is TODAY.

With time ticking before the 2023 tax season closes for individual submissions, here’s the stern message from SARS to taxpayers in SA.

If you don’t submit or miss the 2023 deadline, these are the tax penalties in SA you will have to face up to.

Time is ticking, and you only have TWO weeks left to submit your tax return in 2023. Here are some tips if you’re lost …

For many, filing is already a distant memory, but for others this is an urgent tax return reminder. You have just ONE month left to submit.

If you’re thinking of not submitting your tax return this year, be warned. SARS is going after tax defaulters in 2023 in a BIG way.

It’s the tax season 2023 countdown. How much time do you have left to file your tax return? We’ve got details and eFiling pointers for you.

Here’s the one deduction SARS really doesn’t want you to know about, because it will cost the government millions annually.

How we work has changed massively since COVID. Did you know in many cases you CAN claim tax on a home office? Here’s what you’ll need …

With two months left before 2023 tax submissions close, we’re answering the question: can you dispute an Additional Assessment issue by SARS?

It’s called the Voluntary Disclosure Program (VDP) and here’s what you can do if you need tax relief from SARS.

Every tax season we all hope for a refund. But what if after filing you owe SARS? We’ll take you through the process step by step.

Like clockwork, every filing season South Africans ask the same question: Why isn’t my income tax refund bigger? Here are the reasons …

Here’s what you do if after submitting your income tax return you receive a SARS Additional Assessment notice.

If you want in-person assistance with your tax return, here’s the updated list of SARS mobile tax units for August.

Unsure how to file your tax return? Worried you might owe SARS money? Here are the 10 must-knows to get you through the process.

If you’re looking for the quickest and easiest way to submit your tax return, look no further than these 7 handy tips from the pros.

Have you forgotten your details and need to change your SARS eFiling username and password? Here’s how you do it …

South Africans ask the same question every tax season. Here’s the real reason why your tax refund isn’t bigger.

Accepting an incorrect SARS auto assessment could jeopardise your tax refund or, worse still, lead to a hefty fine. Find out more here …

Rapper Cassper Nyovest’s record label Family Tree Records was reportedly sent a letter of demand for unpaid income taxes on 19 October.

The South African Revenue Services served DJ Euphonik with a final letter of demand for over R11 million in unpaid income tax.

A Form 17 declaration can only be made by spouses or civil partners that are living together and own property in unequal shares

A recent study of Cape Town’s tax data reveals that Robben Island has the highest median income in the Mother City.

Tito Mboweni’s Budget Speech made for compelling viewing earlier – and the Finance Minister says a 5% shift for income tax brackets is ‘good news for all’.

(Partner Content) Employers across the country have generally welcomed the announcement of the new Job Support Scheme that will be launched for 6-months from 1 November 2020.

(Partner Content) The new Job Support Scheme will be introduced on 1 November 2020 as part of the government drive to help protect jobs where businesses are facing lower demand over the winter months due to coronavirus.

(Partner Content) Corporation Tax relief may be available where your company or organisation makes a trading loss.

(Partner Content) New grant support was announced 9 September that offers businesses in areas subject to a local lockdown a measure of financial support.

(Partner Content) HMRC uses targeted campaigns to recover underpaid taxes and penalties.

(Partner Content) The Self-Employment Income Support Scheme (SEISS) was extended for a second and final three-month period from 1 June to 31 August 2020.

(Partner Content) The Autumn Budget this year will be interesting.

The Chancellor, Rishi Sunak continued with his campaign to support the business and jobs community on 8 July 2020, as firms engage with the disruption caused by the coronavirus outbreak and the measures taken to control infection.

(Partner Content) VAT: HMRC has temporarily changed the time limit from 30 to 90 days for notifying an option to tax land and buildings during coronavirus.

It’s a silver lining for businesses and individuals: Cyril Ramaphosa has got a plan to ease the tax burden on South Africans during this health crisis.

The radical economic theory has crossed Tito Mboweni’s mind during lockdown: But a basic income grant would be an unprecedented move for South Africa

Most taxes won’t change. But beware of possible increases in VAT, capital gains tax and no fiscal drag relief for personal income tax.

There are special rules concerning the liability to IHT of a transfer made during a person’s lifetime.

The 2018-19 tax return deadline for taxpayers who continue to submit paper Self-Assessment returns is 31 October 2019.

The VAT rule changes for building contractors and sub-contractors that were expected to come into effect imminently, have been delayed for 12 months until 1 October 2020.

Important changes to the VAT rules for building contractors and sub-contractors are coming into effect from 1 October 2019.

Are you a working student?

A new banking industry code designed to protect victims of Authorised Push Payment (APP) scams has come into force.

The organisation felt the need to clarify the situation following several tax return inquiries and a number of seemingly confused taxpayers.

For most fully taxable businesses, VAT can be reclaimed on goods and services used in the business.

As the school holidays fast approach, many parents face having to organise extra school holiday childcare over the summer months.

If you make Self-Assessment payments on account, you will no doubt be aware that the second instalment for 2018-19 is due on 31 July 2019.

The actual revenue lost is starting to creep upwards again, increasing £2bn in just 12 months to £35bn, and it has shot up from £30bn just two years ago.

There are many taxpayers who have reached the State Pension age and continue to work.

What changes have taken place?

Do you work from home?

Taxpayers face higher penalties for evading Income Tax and Capital Gains Tax relating to offshore matters.

It’s not often that “tax” and “good news” appears in the same bracket for South Africans, but SARS have announced measures to make some lives easier.

The Help to Buy: ISA scheme was launched in December 2015

We would like to remind employers that the deadline for submitting the 2018-19 forms P11D, P11D(b) and P9D is 6 July 2019.

The list of company benefits that can be provided tax-free to employees is quite short.

Many professionals such as accountants, lawyers and health professionals are required to make a subscription to a professional body or learned society.

We have reproduced below a summary from the letter of the main announcements made by HMRC on this issue.

The Construction Industry Scheme (CIS) is a set of special rules for tax and National Insurance for those working in the construction industry.

The Brexit uncertainties continue.

The budget documents gave insight into where the money is currently going and what the projected spending is into the future.

If you’re self-employed, there are some things you should be aware of.

Expats living outside SA must first ask the following questions before they agree to financially emigrate.

Keep records of all charitable donations.

HMRC has identified and red-flagged over 4,600 online sellers who are not paying the correct amount of VAT and are using online marketplaces (such as eBay or Amazon).

Financial Emigration is not a tax emigration requirement, nor does it trigger or guarantee tax emigration or non-resident tax status.

How bizarre!

The introduction of Making Tax Digital (MTD) for VAT is fast approaching.

Do not believe the fear mongers suggesting you must emigrate formally to correct non-compliance.