Before your SARS refund disappears into a holiday or shopping spree, consider how that lump sum could change your financial future, says Marnus Mostert, franchise principal and financial adviser at Consult by Momentum. Who doesn't love that little...
You can now get instant tax help via a WhatsApp message or voice note, thanks to TaxTim, South Africa’s digital tax assistant. TaxTim was started in 2011 with the goal of making filing taxes easy for every South African, and to offer tax support to...
By the end of June this year, every Section 12J investment in the country will reach its mandatory five-year maturity, triggering a capital gains tax (CGT) liability for the many investors who participated. Section 12J was a government tax...
Robyn Kymdell, admitted attorney at Foreign Buyer Property Solutions, delves into the minutiae that need to be considered when determining how much capital gains tax needs to be paid on the sale of one’s primary residence. In his 2026 Budget...
I wrote about my son's ordeal with SARS, where he started to receive final letters of demand – despite being a student, for my News24 column. That situation taught us a lesson I want to share with you now, especially with the tax year-end deadline...
Rendani Makatu, Expatriate Tax Support Specialist at Tax Consulting SA, explains why it’s so important for provisional taxpayers to understand and fulfil their provisional tax obligations. As the 2026 provisional tax deadline approaches, thousands...
National Treasury has for now abandoned its highly contested proposal to remove the tax exemption for foreign pensions applied to South African tax residents. This follows a robust public participation process where several role players warned of...
Wayne Lurie, head of the South African Responsible Online Gambling Association, takes a close look at National Treasury’s proposed national gambling tax, and explains in detail why it makes no sense under the current legislative framework. On 25...
If you’re earning money through social media – whether through sponsored posts, affiliate links, or brand partnerships – SARS has some important news for you. The South African Revenue Service (SARS) has officially recognised social influencers as...
Bongani Msimango, Wealth Manager at Alexforbes, explains why aligning your retirement date with the tax year makes sense. One of the key principles that a wealth manager needs to understand is that although many things are beyond our control – like...
Welcome to the second episode of the second season of the Santam Insure Your Future Money Bootcamp, where I tackle various financial topics together with my co-host, Mapalo Makhu. As we dive into July, many of us feel the familiar pang of anxiety that accompanies tax...
Thokozile Kumalo, Tax Consultant at Tax Consulting South Africa, lays out the law when it comes to claiming home-office expenses. As the 2025 tax filing season kicks off, many South Africans working from home are wondering what home-office expenses they can claim as...
Starting your first job is a big deal. It comes with new responsibilities, formative learning curves, a regular paycheque, and, unfortunately – tax. Geo Kilian, tax attorney at Hobbs Sinclair Advisory, lays out the tax basics you need to know as you kick off your...
In my latest podcast episode, I chat to tax expert Andre Bothma about the complexities of the South African tax system and how recent proposals could affect personal finances. We also have a broader discussion about the current tax landscape and whether our...
Who wouldn’t love a salary increase of over 5% this year? Most employees would be happy with a raise that keeps up with inflation. But in 2025, even an inflation-related increase might not be enough to keep up with the rising cost of living as the taxman is taking a...
Attila Kadikoy, Managing Partner at Levantine & Co, warns wealthy individuals that tax authorities are increasingly adopting AI to help identify tax evasion. Many investors consider tax as a major contributor to wealth erosion – and rightly so. My advice has been...
This interview with Chris Axelson, acting head of tax and financial sector policy at National Treasury, will give listeners a window into how Treasury thinks when putting together a tax package. Our conversation provides invaluable insights into how budget decisions...
With the tax year-end only a few days away, provisional taxpayers must remember to make their second provisional tax payment. Danielle Luwes, Tax Director at Hobbs Sinclair Advisory, explains what is possibly the most mis-understood taxation in South Africa....
28 February marks the tax year-end. Everything up until this day will be part of your 2024/2025 tax filings. As this date approaches, it's crucial to focus on your financial affairs to ensure that you maximise any available tax deductions to lower your tax liability....
If you hold crypto assets, you need to understand crypto tax — how the South African Revenue Service (SARS) taxes your investments and trades. SARS has provided some guidance on how it handles the taxation of crypto assets, but many people still make mistakes that can...