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...
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....
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...
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...
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...
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...
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...
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...
The experts at Tax Consulting SA warn of the dangers of simply assuming you no longer have tax residency status in South Africa. There is an alarming number of South African expatriates relying on the 'tick-box' approach to cease their tax residency, while some simply...
Jashwin Baijoo, Legal Manager: Africa Tax and Compliance at Tax Consulting SA, suggests a solution for SMEs facing difficulties meeting their tax obligations. In the midst of the ongoing Covid-19 pandemic, riots erupted in South Africa in early July, with mass looting...
Many taxpayers may not be aware that the payment of capital gains tax (CGT) is due before you receive your investment tax certificates. This affects existing provisional taxpayers as well as any resident taxpayer who disposes of an asset and earns a capital gain or...
Tanya Tosen, Master Mobility Specialist at Tax Consulting SA, has some tips for expats to make sure they have all their ducks in a row when it's time to file their tax return. Adding to the challenges of 2020, the South African Revenue Services (SARS) announced that...
By Darren Britz, Admitted Attorney, and Laurence Mbokwane, Tax Consultant, at Tax Consulting SA Many South Africans who had to start working from home due to the national coronavirus lockdown imposed on businesses will not yet be able to claim home office expenses....
By Jashwin Baijoo, Tax Attorney at Tax Consulting South Africa Everybody knows SARS is under collection pressure and they have grown rather fond of appointing third parties, such as banks, to recover outstanding tax debts directly, which leaves taxpayers stunned....
By Carla Rossouw, tax lead, Allan Gray The laws around tax for South Africans who live and work abroad have changed and it's important to work out whether or not you are now expected to pay tax on income you earn outside of the country. As of 1 March 2020, South...