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...
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...
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...
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...
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...
SARS has announced that tax season 2024 will open on 15 July. In order to ensure a smooth (and possibly rewarding) tax-filing process, it's crucial to understand the complexities of your tax return and how to maximise any tax breaks that you may qualify for. Joining...
SARS is upping its debt-collection game, so if you’ve got tax debt, now is the time to do something about it. If you are in debt with SARS or have received a notice of final demand, there’s no need for panic, says Thomas Lobban, Tax Legal Specialist at Latita Africa....
Beatrie Gouws, Tax Director at BDO, and David Warneke, Assoc. Prof. and Tax Partner at BDO, share their insight into the implications of the 2024 budget for taxpayers across all economic tiers. South Africans breathed a collective sigh of relief as the 2024 budget...
What being married in community of property means for your taxes If you are married in community of property you may be surprised to discover that 50% of your spouse’s tax liability from investment income (such as interest, rental income, dividends, and capital...