The release of the 15th Annual Edition of Tax Statistics on 03 March 2023 (“2022 Tax Statistics”), published by National Treasury and the South African Revenue
In summary, hiring an accountant for your business in 2023 is a must to ensure compliance with tax laws, provide financial analysis and reporting, save
Choosing the right accountant is crucial for managing your financial affairs effectively and staying on top of your tax obligations. Below are several reasons why
South Africa is currently facing a dire financial situation, with the South African Reserve Bank (SARB) predicting a meagre 0.3% growth for 2023. But South Africans still
I have a retirement annuity (RA) that is maturing in six months. It was with Old Mutual for 20 years and I am now a
SARS further stated that: “Where through its own investigative processes, SARS discovers non-compliance, it will not avail this opportunity to non-compliant taxpayers but will act
In its 2020 and 2021 position papers, the Intergovernmental Fintech Working Group (IFWG), described the absence of financial regulation applicable to crypto assets as a
The common misconception amongst expatriates, however, is that getting on a plane and leaving South Africa will trigger the South African Revenue Service (“SARS”) to
MONEY BASICS WITH MARTIN HESSE There is a common misunderstanding about income tax, which goes something like this: you are due for a raise but
On resignation, you are allowed a full refund of your retirement fund contributions with or without interest, depending on the rules of the fund. Congratulations
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CTF Services, 21 Kroton Street
Roodepoort 1709
Phone: +27 11 781 2588
E-mail: info@ctfsa.co.za