As we enter into the final month of the tax year for 2023 we still have some time to take advantage of some tax opportunities. Even if you don’t have the resources to take full advantage of these any contribution will make a difference to your tax payable. Retirement...
New draft legislation aims to give SARS the power to put you in jail if you make a mistake with your tax return. The draft bill seeks to remove the concept of “intent” which in criminal law needs to be proven that you wilfully broke the law. Removing this from...
Filing Season for 2020 has opened so its time to prepare that tax return again. For the average salary earner in South Africa, there isn’t much left to deduct on your return. Car allowance and retirement annuities are just about all that is left to consider. Travel...
Retirement annuity contributions ...
Filing season opened on the 1st July 2018 and it’s too late to do anything about last the tax year. You are on top of your tax return when you know before you complete the return what to expect. Tax planning should take full advantage of all options before the end of...