SARS money

What to do if your business owes SARS money

Filing taxes can be stressful and time-consuming at the best of times, and this year small businesses are already in a tough spot. With individuals and businesses of all kinds facing irregular cash flow...
Turnover tax

A quick look at Turnover Tax and SBC Tax

Some small businesses may qualify for lower tax rates in the form of either Turnover tax or Small Business Corporations (SBC) tax.Times are tough, even for SARS it seems. Business Report revealed that SARS had...
new tax year

New tax year: seven things you need to know

Most employers and employees in South Africa greeted last month’s Budget Speech with a sense of relief. Against all odds, government managed to provide for a large scale COVID-19 vaccination campaign without needing to...
gig economy and tax compliance

The gig economy and tax compliance

A labour market made up of freelancers, short-term and on-demand work is not only reshaping the way individuals structure their own careers, it’s also changing the way organisations get work done.Global trends research firm,...
personal income tax

Tips for a smooth personal income tax filing season

During August, many South Africans received auto-assessments for their 2019/20 personal income tax returns from SARS. The admin for the tax year is behind the taxpayers that accepted, or amended and submitted, this assessment...
2020 Tax Season SARS

What you should know about the 2020 Tax Filing season

Covid-19 and technology updates have resulted in this year’s tax filing season being a little different to the ones before. The biggest change is how short it is. Tax filing season usually opens on the...
Employment Tax Incentive (ETI)

What you need to know: the latest Employment Tax Incentive (ETI) claims

The most recent iteration of the Disaster Management Tax Relief Bills made substantial changes to the calculations and requirements for the Employment Tax Incentive (ETI) relief offered to employers.Tax relief were first published in...

Does your SME owe SARS money? Know your options…

Many entrepreneurs and business owners live in fear of the South African Revenue Services (SARS). In most cases, this fear is compounded by lack of knowledge and failure to understand what is required. Yet...

The tax benefits to working from home

We live in the age of remote working and the trend is set to increase over the years. If you are wondering if there are any tax benefits that can be claimed if you work...
Make VAT work for you

Making VAT work for you in your business

We have such a fear of the tax man that we would rather err on the side of self-prejudice that to claim what is rightfully ours from the system and making VAT (Value Added...