by admin | Jul 21, 2021 | Tax
The SA Revenue Service is quite keen on figuring out who has made money off bitcoin and similar tokens in South Africa. High-net-worth individuals, offshore investors and cryptocurrency investors have explicitly been targeted as areas likely to yield much of the extra...
by admin | May 18, 2021 | Tax
SARS is on a drive to ensure compliance and clamp down on those not paying their due in taxes. If there was ever a good time to make sure your tax affairs are in order and your information updated with SARS, now is the time! Tax Evasion If you are like most South...
by admin | Mar 16, 2021 | Tax
With a large portion of employees working from home during the lockdown, many people have asked the question of whether, and how, they can benefit from personal tax deductions in respect of working from home. Up to date, there were no announcements in terms of any...
by admin | Feb 16, 2021 | Tax
Understanding how your estate will be taxed and how the various tax laws apply is key to formulating a good estate plan. It is important while doing estate planning, to make sure that it is aligned with your will and that it is formulated in such a way that the tax...
by admin | Jul 3, 2020 | Tax
It is not forbidden in South African tax law to minimize your tax payable. The principle of tax structuring forms part of our common law and our Income Tax Act has a section dealing with transactions that are solely entered into for tax evasion. To understand the...
by admin | Jun 16, 2020 | Tax
Due to the Covid-19 pandemic, SARS is currently enhancing its efforts to simplify the tax return filing requirements for individual taxpayers and removing the need to travel to their branches in 2020. Through the increased use of third-party data, SARS will be...
