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Consequences of Ignoring SARS Requests for Material
Don’t Risk It! Understand the Consequences of Ignoring SARS Requests for Material Get ready for a crackdown on VAT compliance by SARS! Failure to provide requested materials could lead to hefty estimated assessments under section 95(1)(c) of...
READ MORESars will tax you on overseas investments, but you can mitigate its impact
As any South African investment adviser worth their salt will tell you, everyone should hold at least a portion of their portfolio offshore. That’s because a combination of factors – a weak rand, low economic growth, and...
READ MORER1,500 a month tax on everyone with a job in South Africa – funding the NHI
Research into the affordability of the NHI shows that every formally employed South African would need to fork over R1,500 a month through a payroll tax to meet the Department of Health’s funding estimations – failing which,...
READ MOREStarting a business in South Africa
Starting a business in South Africa involves several steps, including registering your business and understanding your tax obligations with the South African Revenue Service (SARS). Here’s a brief overview of the process – and of course we...
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