Tax rates are proposed by the Minister of Finance in the annual Budget Speech and fixed or passed by Parliament each year. These tax tables are then published in user friendly tax tables. Below are the relevant tax returns per tax year […]
Before you hire a tax practitioner to prepare your tax returns, you want to conduct an interview and ask several important questions. The answers to these questions will determine whether this tax practitioner service is qualified to provide what you need.
Are you paying too much tax? With a property rental loss system you can create an investment strategy that will work both ways: 1. give you significant tax relief; and 2. utilize the best proven investment vehicle – Unit Trust Investments.
This way you will be able to enjoy a property portfolio as well as a Unit Trust portfolio that is growing stronger than property.
BUDGET SPEECH | and TAX Implications of Section 7C for Trusts?
Most of the 2017 budget speech speculations were around whether Finance Minister Pravin Gordhan would increase VAT, introduce a new ‘supertax’ on wealthy individuals or be ‘braaied’ himself.
A few changes in South Africa’s tax administration will have a huge impact on business. Shutterstock Muneer Hassan, University of Johannesburg There was a time when, from a tax perspective, South Africa’s “mini budget” used to be a non-event. The […]
When human resource companies consult with organisations on human resources matters, it is evident that employing persons with disabilities is the furthest thing from their minds. Instead of exploring ways in which to recruit and integrate disabled people into their […]
“The rich makes the most money, with as little as possible work and pay the fewest taxes. The middle class works the hardest and pay the most taxes. The poor are just there to scare the middle class” – Anonymous […]
Below follows a few of the South African (SA) Taxes that is applicable in our daily lives and businesses: Income Tax Personal Tax and SITE Capital Gains Tax Donations Tax Estate Duty Companies Tax Secondary Tax on Companies Farmers Tax […]
Non-profit Organisations (NGOs), also known as public-benefit organisations(PBOs), play a major role in any society. The South African taxation system has undergone many changes that now regularise NPOs, like religious, educational, welfare, charitable and sports bodies and associations. The object […]
Your public benefit organisation is capable of saving a huge percentage of their tax by merely registering with the government as a PBO. One of the requirements is that you must have a compliant founding document. This can be in […]