For South Africans with money to invest, the crypto industry’s pace of development can be confusing. Whether hype or reality – and, often, it’s a bit of both – the stories we...
Let's see how you can make a retirement annuity tax benefit work for you. Are contributions to pension, retirement annuity, and provident funds tax deductible? In short, yes. All...
Finance minister Minister Enoch Godongwana gave his first 2022 budget speech from Parliament on Wednesday the 23 February 2022. This speech comes after the South African economy...
Due to lockdown, many taxpayers will be allowed to deduct home office expenditure in the 2021 tax year. Previously a taxpayer may have worked in a home office after hours, but...
Please note that the below does not constitute formal tax advice. As part of the residence-based tax system's implementation in 2001, Treasury introduced Section 10(1)(o)(ii) of...
This article will first explain the rational for the new system, then the difference with the previous system and finally on a practical note provide you with steps to obtain...
Update: Article updated for the 2018, 2019 and 2020 tax year. The focus in the explanation below is on a person without tax knowledge that would simply like to understand what...
This speech of Minister Nene was highly anticipated and perhaps feared by some. There are varying opinions on the tax changes that have been implemented. It seems as if the main...
Let’s start with why provisional tax exists. It is simply a way to spread the tax amount due by the person or company over a period of time. This is to ensure that a large amount...
