To have a Tax-Free Savings Account or Not?
July 10, 2023
Should you have a tax-free savings account or not? It seems as if it is the ideal vehicle to save in, regardless of the goal
Tag: Tax
Total tax revenue collection increased over five years
March 6, 2023
The South African Revenue Service (SARS) has over the past five years increased the total tax revenue collection. Over this period, the revenue collector said,
Provisional Taxpayers: Stay on top of tax deadlines and avoid penalties
February 27, 2023
28 February marks SARS’ due date for the second Provisional Taxpayers’ 2023 tax return for the tax year 1 March 2022 to 28 February 2023.
Employment Tax Incentive expanded
February 13, 2023
To address the challenge of youth unemployment, government has expanded the Employment Tax Incentive (ETI) to encourage businesses to hire more young people in large
Do you have a tax strategy for your small business?
April 11, 2022
As business South Africa shows signs of emerging from the Covid ashes and subsequent to Minister of Finance, Enoch Godongwana’s budget speech, a timely opportunity
Whistleblowers and tax evasion: what South Africa needs to add to its toolbox
March 16, 2022
The importance of whistleblowers was highlighted again recently in South Africa. In one of the reports released by Judge Raymond Zondo, who has headed up
Maximising your tax-free savings could be beneficial in your retirement years
March 9, 2022
There are many ways to maximise on having a tax-free savings account (TFSA) and later using the returns towards other long-term investments such as your
What you need to know about a Tax-Free Savings as the current tax year closes
February 16, 2022
We are fast approaching the end of the tax-season and like the rest of your investment portfolio, this is time to look at your Tax–Free
Tax revenue collections declined by 7.8% during 2020/21 financial year
January 26, 2022
Total tax revenue collections for 2020/21 declined by 7.8% to R1 249.7 billion from the R1 355.8 billion collected in the previous year, tax statistics have
Q&A Around Crypto Currencies and SARS
October 18, 2021
Crypto currencies have become increasingly more popular with investors around the world. This has not gone unnoticed by revenue services and SARS, and National Treasury