TAX FILING TIPS FOR 2016 The important dates to remember are:   25 November 2016 - At a SARS branch (provisional and non-provisional) 25 November 2016 - eFiling (non-provisional) 31 January 2017 - Provisional taxpayers via eFiling   You do not need to file an income tax return if:   Your total salary earned during [...]

Revised Special Voluntary Disclosure Programme In terms of the new global standard for the automatic exchange of information between tax authorities, the South African Revenue Service (SARS) will start receiving offshore third party financial data from other tax authorities from 2017. The Special Voluntary Disclosure Programme (SVDP) gives non-compliant taxpayers the opportunity to voluntarily disclose [...]

TAX SEASON 2016 HAS BEGUN Tax Season runs from 1st July to 25th November every year. With the 2016 Tax Season now underway, it is important to collect all the required supporting documentation as soon as possible so that your tax return can be submitted on time.   Please make a note of the following [...]

BREXIT… THE AFTERSHOCK The news that Britain had decided to exit the European Union (EU) sent shockwaves through world markets. Until then, many South Africans were not even really aware of ‘Brexit’. What happened? In a referendum on 23rd June, Britons voted to leave the EU by an overall 52 per cent majority. The UK [...]