Warning; SARS will recoup your Section 12J incentive should you emigrate or not specify it in your will
Specialist alternative investment fund management company, Anuva Investments has recently confirmed that the South African Revenue Services will recoup any funds invested via the Section 12J tax [...]
When a loved one passes away and you are either nominated as the executor in the deceased’s will – or discover that the deceased had no will to begin with – the process of winding up [...]
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 is presented to review, [...]
Tax deductions on your pension or annuity income SARS has clarified its recently introduced legislation that applies to its PAYE deduction system process with regards to pensioners who are in [...]
New penalty rule for late submissions Non-compliance is going to cost you. That’s the be-all and end-all from SARS going forward. With effect from 01 December 2021, SARS will issue late [...]
In Government’s continued efforts to support business owners through the financial strain brought on by the COVID pandemic and more recently exacerbated by unrest throughout SA.
Now more than ever, taxpayers will be looking to tax incentives as a tool to reduce the tax burden.