Tag Archives: tax

Blink and you might miss the short 2022 tax season

Tax season 2022

The 2022 tax season is one of the shortest to date and will be over before you know it. The period to submit tax returns opened on 1 July 2022 and it is closing on 24 October 2022 for individual taxpayers who are not provisional taxpayers. So, make sure you don’t delay and are aware […]

Avoid the pain of penalties from SARS

You might think you are all in the clear, having recently submitted your tax returns to SARS. But then suddenly you are hit with the shock of a notification saying that penalties have been charged against you. To avoid this unpleasant situation, you need to be aware of when penalties are charged and how to […]

Top tips to help you pay less tax in 2022

Top tips to help you pay less tax in 2022

With costs rising daily, everyone is under pressure to maximise their savings. Reducing your individual tax is one way you can reduce the pressure on your bottom line.

Are your books up to the scrutiny of SARS’s new tech?

Are your books up to the scrutiny of SARS’s new tech?

Sloppy accounts and bad bookkeeping is soon going to be highlighted by the South African Revenue Service’s (SARS) new technology upgrades. Tax dodgers and those used to hiding their bottom line proceeds are also going to come under the spotlight. However it’s the average business that just hasn’t got their books in shape that are […]

Can you beat estate taxes by careful planning?

Can you beat estate taxes by careful planning?

“In this world nothing can be said to be certain, except death and taxes”. This famous saying attributed to Benjamin Franklin is bleak but true. However, with careful Estate Planning, a person may be able to reduce their tax to ensure their estate maximises the income it has accrued. Tax is not equal in every […]

Tackling tax refunds and dispute resolutions

Tackling tax refunds and dispute resolutions

Taxpayers are under increased pressure with the economic downturn and the impact of COVID-19. As a result of this, many are lodging tax disputes with SARS and are urgently awaiting tax refunds to help ease financial pressures. Claiming your refund Unfortunately, the South African Revenue Service (SARS) has been slow to refund many taxpayers and […]