Galbraith Rushby
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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”.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
High Court Ruling Has Important SARS Tax Collection Implications
17 Jun 2020 by Carrie / No Comments
The Pretoria High Court has ruled in favour of the taxpayer in a recent court case, which has implications for how SARS collects your tax.
SARS Announces Changes To Tax Season 2020
15 May 2020 by Jasmine Stone / No Comments
On May 5, SARS announced new tax filing seasons and a much more heavy-handed approach to those who don’t comply.
Expat Tax – The Difference Between SA Tax Resident And Non-SA Tax Resident
04 May 2020 by Carrie / No Comments
Living overseas? You need to figure out whether you’re a non-South African tax resident, or a South African tax resident, before SARS comes knocking.
COVID-19: Guess Who Gets Crisis Loans Within 30 Minutes Of Applying With A Single-Page Form
06 Apr 2020 by Jasmine Stone / No Comments
Applying for the funds and relief measures available to help South African businesses during lockdown can be quite arduous, which isn’t the case with every country.
Comprehensive List Of Funds And Relief Measures Available To Help SA Businesses During Lockdown
03 Apr 2020 by Jasmine Stone / No Comments
In order to give South African businesses and business owners the best chance of obtaining financial relief, Galbraith | Rushby have summarised what help is available.
Important Info Regarding SARS Interest And Penalties Incurred As A Result Of Coronavirus
01 Apr 2020 by Jasmine Stone / No Comments
What happens if your tax submissions are filed late as a result of COVID-19, and you incur interest and penalties?
How To Make An Application For TERS, The Temporary Employee / Employer Relief Scheme
30 Mar 2020 by Jasmine Stone / No Comments
Many business owners have been wondering and waiting for news on how to apply for the COVID-19 TERS relief fund.
Important Changes To How SA Expats Will Be Taxed From March
31 Jan 2020 by Jasmine Stone / No Comments
The so-called ‘Expat Tax’ changes have been looming large in the distance for a while now, but the time for implementation has almost arrived.
Less Than Two Weeks Left – Avoid These Common Tax Return Mistakes
25 Nov 2019 by Carrie / No Comments
Most of us don’t really know what we’re doing when we fill out tax returns, which is why people are prone to making these four crucial mistakes.
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