Tax Series: Claim for your office at home
Working @ home? You may be able to claim expenses Claim for your office at home. It has been more than a year now since the start of...
Tax Series: Why Tax Free Savings
If you are new to savings and investment and you do not already have a Tax-Free savings account, then this is probably something you should consider. What does...
Tax Series: Tax returns
It is smart to do your tax returns, but to use that to your advantage is clever! I did not know that I could get excited about tax,...
SARS Auto Assessment
Did you receive an SMS from SARS a little while ago? Still in your inbox? SARS recently sent out an SMS to taxpayers about 'auto-assessed' tax returns. If...
Tips on how to pay less tax next year
Your 2021 tax return. Considering how 2020 has turned out, everyone is trying to save money wherever they possibly can. With this in mind, we’re going to provide...
Are you Aware of the Tax you’ll Pay on your Severance Package if you Get Retrenched?
Let’s get straight into some of the financial implications of Covid-19: Economists are predicting that anywhere between 350 000 and 1 million people in South Africa could lose their...
Will SARS Take A Healthy Chunk Of My Life Insurance Pay Out?
Life insurance isn’t something you get all warm and fuzzy about, is it? We all pay our premiums diligently, every month, and if some ill feeling or resentment...
Tax You Will Soon Have To Pay SARS If You Are Working Overseas
Storm clouds are brewing for South African residents who are working abroad. If that happens to be you, then make a mental note of the following date –...
What type of retrenchment benefit can you expect, and will it be taxed?
The unemployment rate in South Africa is sitting just below 30%. That’s a staggering statistic and the highest jobless rate since the first quarter of 2003. And if...
How much money can I legally ship out of South Africa each year?
The elections have come and gone, and just recently we had the news that our economy posted the worst growth figures in a decade. There is a sense...