“… the OTO commits to continue doing everything possible to ensure that taxpayers are not forced to pay a cent more than what is required.” (Judge Bernard Makgabo Ngoepe, the Tax Ombud) The list of the top 10 complaints made against SARS over the last eight years to the Office Read more
7 January Monthly Pay-As-You-Earn (PAYE) submissions and payments 25 January Value-Added Tax (VAT) manual submissions and payments 28 January End of Filing Season 2021 for Individuals (Provisional) and Trusts 28 January Excise Duty payments 31 January Value-Added Tax (VAT) electronic submissions and payments & CIT Provisional payments where applicable Disclaimer: The Read more
“Think of giving not as a duty but as a privilege.” (John D. Rockefeller Jr.) Christmas is a time for giving, and in our local business environment, as well as in many other markets around the world, it may even be unofficially expected of companies to give generously to their Read more
“Cyber Attack: An attack, via cyberspace, targeting an enterprise’s use of cyberspace for the purpose of disrupting, disabling, destroying, or maliciously controlling a computing environment/infrastructure; or destroying the integrity of the data or stealing controlled information.” (CSRC – Computer Security Resource Center) South African businesses, already facing significant risk of Read more
2 December – Extended filing season deadline for non-provisional individual taxpayers (originally 23 November 2021) 7 December – Monthly Pay-As-You-Earn (PAYE) submissions and payments 24 December – Value-Added Tax (VAT) manual submissions and payments 30 December – Excise Duty payments 31 December – Corporate Income Tax (CIT) Provisional Tax payments Read more
“The hardest thing in the world to understand is the income tax” (Albert Einstein) A year after the first mass auto-assessments were issued by SARS in 2020, many more taxpayers are facing the 2021 tax season deadline of 23 November – just days away! Read on to find out what Read more
“The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital… the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth in the economy” (John F. Kennedy) Since October 2001 South African tax residents have been Read more
05 November – Monthly Pay-As-You-Earn (PAYE) submissions and payments 23 November – End of Filing Season 2021 for Individuals (Non-Provisional) 25 November – Value-Added Tax (VAT) manual submissions and payments 29 November – Excise Duty payments 30 November – Corporate Income Tax (CIT) where applicable 30 November – Value-Added Tax Read more
“A senior SARS official may authorise the issue of a notice to a person who holds or owes or will hold or owe any money, including a pension, salary, wage or other remuneration, for or to a taxpayer, requiring the person to pay the money to SARS in satisfaction of Read more
“The future of money is digital currency” (Bill Gates) If you are thinking of buying – or have bought – any “crypto asset” such as a crypto currency like Bitcoin, Ethereum, Polkadot, Solana (or any of the many other crypto currencies springing up all over the place), be aware of Read more