It is already the end of August 2023, more than half the year has passed and what a year it has been! It seems that we are confronted with more factors that influence our financial future as a nation, the corporate world and as individuals than ever before! Some of the challenges that impact us […]
Category Archives: Taxation
05
May
May
The South African Payroll has quickly become an ever-evolving reactionary environment. As soon as we believe we have tackled one payroll complexity another new one surfaces. Over the past 20 months Payroll Departments have had to navigate through the COVID-19, TERS, ETI Tax Relief, Tax Deferral, Additional Tax Reliefs due to Looting and UIF ceiling […]
05
May
May
Did you know that digital currency transactions are taxable? Yes, the long arm of the law – read “SARS” – wants to know all about your cryptocurrency profits and losses, along with your normal tax-related declarations. SARS has tightened control over taxpayers’ crypto holdings and trading activities, more so since cryptocurrency was defined as a […]
14
Apr
Apr
National Minimum Wages On the 8th February 2022 the Minister of Employment and Labour, Thembelani Nxesi amended the national minimum wages contained in Schedule 1 and Schedule 2 of the National Wage Act and these changes come into effect on the 1st March 2022. So, what does this mean? Farmworkers are entitled to a minimum […]
18
Mar
Mar
Getting Tax Clearance Information is not difficult! In 2019 the South African Revenue Service (SARS) modified their systems to make the process of accessing Tax Clearance information simpler and providing information in real time instead of waiting for a manual Tax Certificate. The issuing of the Tax Clearance certificates was stopped from the 2nd of […]
