by Simone | Jan 17, 2024 | Finance, Tax
Reading Time: 4 minutes Reading Time: 4 minutes Attention Non-Resident Landlords! A growing number of emigrating South Africans are exploring the prospect of retaining their rental properties in South Africa, notwithstanding their relocation plans. The question that...
by Simone | Oct 4, 2023 | Tax
Reading Time: 3 minutes Reading Time: 3 minutes What To Know About The 2023 Draft Tax Law Amendments The National Treasury unveiled its annual draft income tax amendments on July 31, 2023, opening it up for public feedback. It is anticipated that most of the suggested...
by Simone | Sep 25, 2023 | Tax
Reading Time: 3 minutes Reading Time: 3 minutes Specific Asset Disclosures Underway… The South African Revenue Service (SARS) has announced the long-awaited introduction of a “specific asset” disclosure requirement for affluent individuals. Individuals with assets...
by Simone | Sep 6, 2023 | Tax
Reading Time: 3 minutes Reading Time: 3 minutes SARS Improving Tax Services The SARS auto-assessment system has been designed to streamline their tax services and the annual returns filing process. This system generates a pre-calculated tax return based on information...
by Simone | May 28, 2023 | Tax
Reading Time: 3 minutes Reading Time: 3 minutes What is a Dormant Company? While considered a generic phase, a dormant company is typically classified as a registered business on SARS’s radar that is no longer on yours. Official deregistration might not have been...