by Simone | Apr 28, 2025 | Tax, Uncategorised
Reading Time: 3 minutes The conversation around the introduction of a wealth tax in South Africa has resurfaced, raising concerns and questions among high-net-worth individuals and business owners. As government seeks solutions to address fiscal challenges and reduce...
by Simone | Apr 16, 2025 | Tax, Uncategorised
Reading Time: 3 minutes The South African Revenue Service (SARS) continues to strengthen its enforcement measures, with a growing focus on holding directors personally liable for company tax debts. Recent legal developments have reaffirmed SARS’s authority to pursue...
by Simone | Feb 24, 2025 | Business, SARS, Tax
Reading Time: 5 minutes Generosity often brings joy to both the giver and the receiver, but in South Africa, it can also draw the attention of the South African Revenue Service (SARS). Whether it’s a large monetary gift, a new luxury car, or an interest-free loan to a...
by Simone | Feb 19, 2025 | Business, SARS, Tax
Reading Time: 4 minutes The South African Revenue Service (SARS) has proposed amendments to the Tax Administration Act (TAA) that could significantly impact taxpayers involved in legal disputes. These changes would allow SARS to recover fees and costs when its...
by Simone | Feb 12, 2025 | Business, SARS, Tax
Reading Time: 5 minutes When dealing with tax debt, it is crucial to understand that solutions are available to help taxpayers regain financial stability. Payment arrangements and compromises with SARS provide opportunities to resolve tax obligations in a structured...
by Simone | Dec 3, 2024 | SARS, Tax
Reading Time: 5 minutes The South African Revenue Service (SARS) has introduced a significant change to its eFiling registration process for individuals. Starting now, new registrations for Personal Income Tax via eFiling may require biometric facial recognition, a...