One of the great frustrations for retirees is the fact that they usually pay tax on their retirement income despite having paid tax during their working lives.
Tag - tax
Treasury has set its sights on incomes earned by South Africans overseas, which may cause many to rethink their plans to work abroad.
Freelancers need to understand their tax obligations: far too many land up in financial difficulty as they have not made provision for their tax.
Your payslip contains important information including your contribution to UIF, your tax code, your payroll number, gross pay and net pay.
An analysis of what the Budget Speech changes mean to low and high income earners.
The minister of finance has announced a Special Voluntary Disclosure Programme (VDP) for taxpayers with undisclosed foreign assets.
The Tax Administration Laws Amendment Act of 2015, which was promulgated on 8 January 2016, contains a provision that may negatively affect taxpayers with complex financial affairs.
When you resign from your job and cash in your pension, the tax is worked out on a sliding scale ‒ and it is high.
Investing for your children is a generous act of foresight, but you should be aware of the tax implications.
It's important to understand how your investment will be taxed in order to make the correct investment decision.