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Galbraith Rushby
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Don’t Fear Your Credit Score, It Can Be A Powerful Financial Tool
30 May 2023 by Heinrich / No Comments
Living debt-free sounds like the answer, but if you ever need more money than your piggy bank holds, you’re going to need to use someone else’s cash, and that is where a credit score can be your secret weapon.
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Make Sure You’re Maxing Out These Tax Benefits Before The End Of The Year
28 Nov 2022 by Jasmine Stone / No Comments
The tax year runs until the end of February 2023, which means there is still a bit of time to make sure you’re maxing out your tax benefits before the end of the 2022/2023 period.
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SARS One, Christo Wiese Zero
07 Nov 2022 by Jasmine Stone / No Comments
The battle between SARS and Wiese is very far from over. However, the first-round win must be awarded to SARS after a ruling handed down by the Western Cape High Court.
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Work Abroad? Dealing With SARS Just Became A Whole Lot Harder
13 Oct 2022 by Jasmine Stone / No Comments
Being paid in pounds or Euros or dollars and getting to spend them in South Africa is the dream. Dealing with SARS, on the other hand, can be a nightmare.
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Becoming A Digital Nomad Does Have Some Tricky Tax Implications
26 Sep 2022 by Tayla / No Comments
Deciding to live location independent to pursue a career that supports the island-hopping, “working near the waves” lifestyle does come with a few considerations and some irritating admin.
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Watch Out For The Latest Scam SARS Emails
15 Aug 2022 by Jasmine Stone / No Comments
SARS generally issues warnings about scams as tax season kicks into gear and this year is no different.
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Important Update About SARS Auto-Assessments And Your Refund Delay
11 Jul 2022 by Jasmine Stone / No Comments
Social media is full of South Africans wondering (pleading) where their refunds are, having been quick of out the blocks come July 1.
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Where SA’s Millionaires Are Emigrating To
15 Jun 2022 by Jasmine Stone / No Comments
Over the past decade, in excess of 4 500 high-net-worth individuals (HNWIs) have left South Africa and headed abroad.
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Taxpayers Leaving SA Are Getting Hit With SARS Rejection Letters
26 May 2022 by Jasmine Stone / No Comments
Deciding to emigrate isn’t as simple as selling your house and booking a flight abroad, of course, and that’s especially true when it comes to dealing with SARS.
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Posting On Social Media Can Land You In Hot Water With SARS
06 Apr 2022 by Jasmine Stone / No Comments
If you live in South Africa and your social media feeds show luxury assets, you better hope you have the payslips to justify that high life.
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SARS Has Really Been Sharpening Its Tools
24 Mar 2022 by Jasmine Stone / No Comments
SARS Commissioner Edward Kieswetter has made it clear that tax rogues are in the crosshairs, and recent action backs that up.
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Keep An Eye Out For These Potential Tax Hikes
10 Feb 2022 by Jasmine Stone / No Comments
Estimates on the cost of permanently increasing the Basic Income Grant vary wildly, with one study ranging between R160 billion and R520 billion annually.
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Don’t Forget About That January 31 Tax Deadline
25 Jan 2022 by Jasmine Stone / No Comments
Let me first ease your blood pressure by saying that January 31 is the deadline for provisional taxpayers, including trusts and companies.
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Good Luck Trying To Claim Home Office Expenses From SARS
03 Dec 2021 by Jasmine Stone / No Comments
According to one recent estimate, as many as 85% of working from home tax deduction claims submitted by individual taxpayers are being rejected by SARS.
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It’s Gone Rather Quiet On The ‘Exit Tax’ Front
10 Nov 2021 by Jasmine Stone / No Comments
The change would have a serious impact on those whose retirement plans involve moving abroad, so it’s being closely monitored.
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SARS Brings Out The Big Guns To Nab SA’s Wealthiest
20 Oct 2021 by Jasmine Stone / No Comments
In May, SARS announced it was forming an HWI unit, aimed at improving compliance amongst the country’s wealthiest citizens.
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There’s A Fine Line Between Tax Avoidance And Tax Evasion
16 Sep 2021 by Jasmine Stone / No Comments
Fail to pay your taxes, and SARS will come knocking, with a number of new initiatives targeting everyone from businesses through to wealthy South Africans.
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Thinking Of Emigrating? Watch Out For That ‘Exit Tax’
16 Aug 2021 by Jasmine Stone / No Comments
The National Treasury has now proposed a further tax on South Africans who intend to emigrate permanently.
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A Word Of Caution About That SARS Auto Assessment
01 Jul 2021 by Jasmine Stone / No Comments
Tax season is officially upon us, and in order to simplify and speed up the process, SARS will be actioning auto assessments. Before accepting, there are a few things to consider.
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SARS Is Sniffing Around For Information On SA Crypto Traders
01 Jun 2021 by Jasmine Stone / No Comments
Three of South Africa’s largest cryptocurrency exchanges have been approached by SARS, which is looking into South Africans involved in “the mining, speculation and/or investment in crypto assets”.
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Wealthy South Africans Can Expect This Letter From SARS
06 May 2021 by Jasmine Stone / No Comments
SARS is being rather proactive this year, with the first batch of ‘welcome letters’ to high wealth individual taxpayers already sent out.
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Tax Season – Here Are The Dates To Keep In Mind
08 Apr 2021 by Jasmine Stone / No Comments
Tax season – if those two words send shivers down your spine, you’re not alone. Here are the most important dates to jot down so you don’t miss a deadline.
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Earning Secret Airbnb Cash? SARS Will Have You
12 Mar 2021 by Jasmine Stone / No Comments
SARS issued a statement this week pointing out a high degree of non-compliance in the short-term rental sector, with Airbnb income clearly under scrutiny.
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These Simple Mistakes On Your SARS Tax Return Could Land You In Jail
04 Feb 2021 by Carrie / No Comments
Simple mistakes that might previously have earned taxpayers a slap on the wrist could now see you spending up to two years in jail.
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Investors Must Take Note Of This Important SA Tax Change
12 Jan 2021 by Carrie / No Comments
South Africa made an important tax change as of January 1, 2021, that you may not be aware of.
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Watch Out For Tax Refund Scammers, Warns SARS
08 Dec 2020 by Jasmine Stone / No Comments
SARS is being inundated with desperate calls from taxpayers who have fallen victim to scammers promising to secure large tax refunds.
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Why You Shouldn’t Panic If SARS Audits You
09 Oct 2020 by Jasmine Stone / No Comments
Nobody likes receiving the news that they’re under audit from SARS, but there’s no need to panic just yet.
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You Could End Up In Jail For A Silly, Unintentional Error On Your Tax Return
07 Sep 2020 by Jasmine Stone / No Comments
Submitting a tax return to SARS is always a rather nervy affair, and now a proposed amendment to the law has practitioners worried about the implications.
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Read This Before Accepting Your SARS Auto-Assessment
12 Aug 2020 by Carrie / No Comments
If SARS issues you with an auto-assessment, usually done via SMS, you should first check that a few things are in order before accepting.
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Tax Season 2020 – Here Are The Important Dates
08 Jul 2020 by Carrie / No Comments
SARS has made some changes, and it’s safe to say that tax season will look a little different this year.
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