Emigrating from South Africa is not as simple as packing up your bags, jumping on a plane and setting up shop somewhere else. Unfortunately, there is still the issue of tax and no matter where you go, the taxman remains interested.
There is a penalty due for late submission of your tax return, but this may also be appealed.
The 2018 Budget Speech was delivered by Finance Minister Malusi Gigaba on Wednesday. Him quoting Kendrick Lamar got a whole lot of attention, but it was serious business elsewhere. The biggest news was that VAT was increased from 14% to 15% – the first time since 1993 that there has been an increase to the […]
Automatic enrolment for workplace pensions is encouraging many employees to start making a provision for their retirement with employers and government also contributing to making a larger pension pot.
It is increasingly common for taxpayers to own more than one home and there are a number of issues that homeowners should be aware.
Employees who use their own uniforms, work clothing and tools for work can sometimes claim tax relief for the associated costs.
The SA302 tax calculation and tax year overview documents are commonly used as evidence of income for loan or mortgage purposes for the self-employed.
The Christmas break is over, and your year should be in full swing by now. If you haven’t completed your tax return by now, you’d better get going with it soon.
One of the most often used and valuable of the capital gains tax (CGT) exemptions concerns the sale of the family home.
The tax which rings the end of financial viability for many South African trusts is now only two months away, with the effective date being 28 February 2018.
As a general rule, someone who inherits property, money or shares is not liable to pay tax on the inheritance.
We have some important news about your online tax return before you head off on your Christmas holiday.
As part of the Budget measures, the Chancellor announced that the indexation allowance for companies that make capital gains is to be scrapped.
The biggest prize from the recent Budget went to first-time home buyers after the Chancellor announced changes to the Stamp Duty Land Tax (SDLT) rules.
A new measure to tackle disguised remuneration tax avoidance schemes was announced as part of the Autumn Statement 2016.
This may come as a surprising fact to many of our readers, but a will can be changed after death.
Experts are warning of a ‘serious brain drain’ coming our way
There are special rules that govern how assets are divided if a person dies without making a will.
In a recent newsletter, we looked at the tax implications of giving Christmas gifts to your staff and the complications that can arise.
South Africans know SARS has a lot of issues. But, did you know that they also go after you for a hefty amount of 49 cents?
The author of The President’s Keepers just keeps hitting this mob with revelation after revelation
From April 2015 the government introduced a capital gains tax (CGT) charge on the sale of UK residential properties by non-UK residents.
There’s trouble in paradise…