While the possibility of a global pandemic was always at the back of our minds, its emergence still managed to catch us off-guard and wreaked havoc […]
Tax practitioners have been inundated with queries from clients on the possible relief offered by the South African Revenue Service (“SARS”) on the possibility of deducting […]
In line with the 2020 Budget Announcement, Government proposes to broaden the corporate income tax base by restricting the offset of the balance of assessed losses […]
Being selected for an audit and being selected for verification are two different processes. Verification: Once you have submitted your return, it could be selected for verification. A […]
Since its introduction, the “pay now, argue later” rule relating to disputed amounts of tax has been and remains to be the subject of much controversy, […]
The South African income tax system is not cash-based. This means that a person can effectively be taxed on amounts that they have not yet received […]
Education and awareness around identity theft, phishing and other frauds have become part of life globally. If nothing else, scamsters are innovative and keep trying new […]
Here are three things which small business owners should consider implementing to improve their chances for long-term success. 1.Do Not aim to match or beat prices […]
When the economy is slow, small business owners struggle to survive, many for the first time. Financial problems consume valuable time and business resources, yet must […]
There appears to be an increased focus recently by SARS in relation to tax compliance. We therefore want to highlight the below important dates again to […]
When it comes to looking after the welfare of a business, accounting tops the list as being the most important. Without proper accounting, a business runs […]
The Tax Administration Act provides for the audit and verification of taxpayers’ tax returns for all taxes administered by the Commissioner for the South African Revenue […]
