CORONAVIRUS SA TAX RELIEF

Tags: Business funding, COVID-19, Provisional Tax, SARS Reading Time: 5 minutes The Minister of Finance announced the following exceptional tax measures on 29 March 2020: DRAFT BILLS AND EFFECTIVE DATES The following measures will be given legal effect in terms of two...

Provisional Tax penalties on underestimation of income

Tags: PAYE, Provisional Tax, SARS Reading Time: 4 minutes Provisional taxpayers are generally those taxpayers who earn income from sources other than a salary. In other words, PAYE is not deducted from these other sources of income on a monthly basis and paid over to...