Latest News

July 26, 2016

The 2016 tax season is open

As is the case every year, the Commissioner for SARS recently published the annual notice to officially ‘open’ the 2016 tax season. Individuals are now able to file their annual […]
June 29, 2016

Succession planning

Owning a business requires careful succession planning and is part of your estate planning as you have to determine who will succeed you, or who will purchase your shares, or […]
May 27, 2016

With proposed Tax changes to Trusts, are they still worth while?

Proposed tax changes by the Davis Tax Commission are threatening the taxation of trusts and people are starting to wonder if they should move assets out of trusts and if […]
May 27, 2016

Transfer of a property: is VAT or Transfer Duty payable?

A purchaser is responsible for payment of transfer cost when acquiring an immovable property, but it should further be established if the transaction is subject to the payment of VAT […]
April 25, 2016

Passive income and SARS

Have you ever investigated passive income opportunities to earn extra money? Did you consider the effect that earning additional income might have on your current income tax liability? If your […]
April 25, 2016

Red flags: financial reasons why small businesses fail

Many people dream of starting their own business. Few of the dreamers get as far as actually starting a business. Even fewer of the businesses survive in the long-term. Too […]
March 31, 2016

Tax free investment savings accounts

Our clients will have noted the various advertisements on radio and in the media generally of financial service providers inviting the public to invest in their respective so-called ‘tax free […]
March 31, 2016

Are you a South African tax resident individual?

The question of tax residence for individuals has always been relevant in South Africa. It appears as though we find ourselves in a country which has always been a popular […]
February 25, 2016

2016 Budget Speech summary

The Minister of Finance tabled National Treasury’s annual budget in Parliament on the 24th of February 2016.  Below some of the more significant tax related matters to take note of […]
February 25, 2016

Gift from SARS

The tides are changing in the retirement savings space, with National Treasury encouraging us to save more for retirement by significantly increasing the tax incentives. This is one of several […]