Shortened Personal Income Tax Season
SARS published, on the 04 June 2018, a notice confirming the personal income tax filing season will be shortened. Individuals normally have from July until the end of November to file tax returns. Non-provisional tax …
Budget Speech 2017
Pravin Gordhan presented the Budget Speech 2017, under challenging economic conditions both globally and locally. Some significant changes were implemented this year affecting both individuals and companies. Can an economy continue to survive on a …
Budget Speech 2014
The Budget Speech 2014, by Finance Minister Pravine Gordhan, was presented under easing global economic pressure, but on the back of a weakening Rand due to the dollar strengthening in the global recovery. South Africa …
Employment Tax Incentive – South Africa
Once again the draft Employment Tax Incentive Bill has been tabled. The bill proposes tax relief to the employee. This is expected to pass on to the employer by reducing the effective cost to company, …
Provisional Tax 2014-1
Following on from our last blog on Provisional Tax. The next deadline for provisional tax is just around the corner. How profitable is your business this year? Preparing your provisional tax return is a good …
Withholding Tax
What is withholding tax? Withholding tax, also know as non-residents tax or retention tax, is defined by the nature of the tax. Governments require the bank or the payer of the funds, the withholding agent, …
Budget 2013/2014
The Budget Speech 2013, by Finance Minister Pravine Gordhan, was presented on the back drop of difficult international economic times. South Africa needs to prove, to the international community, that it has sound business practices …
State of the Nation Address South Africa 2013
President Zuma, presented his State of the Nation Address to South Africa on the 14 February 2013. The historical celebrated Valentines day. No love story was given. In this usual fashion he continued with business.GDP …
Provisional Tax 2013
Provisional tax returns are due shortly for companies and individual provisional taxpayers with a February year end. What is provisional tax? Unlike income tax, provisional tax is an estimate rather than an accurate calculation of …
