Our Blog | CH Consulting

Common Issues You May Face When Submitting Your Tax Returns

by CH Consulting | Apr 2, 2024

SARS has provided eFiling as a tool to all taxpayers to use for convenience, and ease of filing one’s tax returns. While this is incredibly useful, and direct; navigating through eFiling can introduce some struggles and confusion to the layman...

Navigating RSA Tax Laws: Considerations for Rental Income

by CH Consulting | Mar 19, 2024

Real estate investment can be lucrative, especially in South Africa, where rental properties often yield significant returns. However, along with the profit potential comes the responsibility of understanding and complying with tax laws. In this...

Taxes can be painful – your consultant should not be!

by CH Consulting | Mar 5, 2024

Filing taxes can be an anxiety-inducing event due to the looming deadline, ever-changing technicalities, and the uncertainty involved in compliance. Therefore, many people decide to hire a professional to help them out. However, this can...

Analyzing the RSA Budget Speech 2024: A Vision for Economic Resilience

by CH Consulting | Feb 29, 2024

As the economic tides ebb and flow, South Africa finds itself at the helm of fiscal planning again, with the 2024 Budget Speech outlining key strategies and forecasts for the years ahead. Delivered against economic uncertainty, the speech...

South African crypto tax myths debunked

by CH Consulting | Jun 23, 2023

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 read online and the conversations we hold over the braai can leave us...

Retirement Annuity Tax Benefit

by CH Consulting | Mar 13, 2022

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 contributions are deductible and result in a retirement annuity tax...

Budget Speech 2022 – Summary

by CH Consulting | Feb 24, 2022

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 has been subject to protests, governmental debt and covid...

Crypto Regulation in South Africa

by CH Consulting | Jan 13, 2022

Background Since Bitcoin's official launch in January 2009, the growth of this technology has been exponential, growing much faster than the internet in the early 1980s. With such growth, responsibility needs to be taken from all parties involved...

Crypto Tax in South Africa

by Chris Herbst | Dec 13, 2021

SARS and Crypto Assets The South African Revenue Service (SARS) has set its sights on a new lucrative income source. For the last five years, we (CH Consulting) have been calculating crypto taxes for clients, it is safe to say we have performed...

A simple explanation of Home Office Tax Deductions (South Africa 2021)

by Chris Herbst | May 30, 2021

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 seldom would they have reached the 50% requirement. Due to lockdown,...