TAX

What is SARS Income Tax Verification?

What is SARS Income Tax Verification?

What is SARS Income Tax Verification? Let us give you more details on SARS tax verification and how to verify your SARS account. 

Difference Between Direct Tax and Indirect Tax

Difference Between Direct Tax and Indirect Tax

What Is the Difference Between Direct Tax and Indirect Tax? Read on to learn the difference between direct tax and indirect tax. 

How to Check SARS Tax Compliance Status

How to Check SARS Tax Compliance Status

Today, we are diving deeper into how to check (and prove) your SARS tax compliance status if you need to

Difference Between Input and Output Tax in South Africa

Difference Between Input and Output Tax in South Africa

he difference between these two is the VAT paid to the tax authorities. Read on to learn the difference between input and output tax in South Africa. 

SARS Tax Procedure to Follow When An Employee Dies?

SARS Tax Procedure to Follow When An Employee Dies?

SARS Tax Procedure to Follow When An Employee Dies? When an employee's life journey concludes, there are essential steps regarding their tax matters

Difference Between Tax Avoidance and Tax Evasion?

Difference Between Tax Avoidance and Tax Evasion?

Tax avoidance and tax evasion are often used interchangeably. Read on to learn the difference between tax evasion and tax avoidance.    

What Happens to Your South African Taxes When You Die?

What Happens to Your South African Taxes When You Die?

This guide delves into the intricacies of what unfolds in the realm of taxes when one passes away in South Africa

Difference Between Tax Rebate and Tax Threshold?

Difference Between Tax Rebate and Tax Threshold?

Difference Between Tax Rebate and Tax Threshold? This article explains different concepts you should know about filing tax returns. 

Are SARS Penalties Tax Deductible?

Are SARS Penalties Tax Deductible?

This article delves into whether SARS penalties hold tax-deductible status, elucidates their functioning, and expounds on their consequences for taxpayers

Difference Between VAT and TAX?

Difference Between VAT and TAX?

What Is the Difference Between VAT and Tax in South Africa? This guide explains the difference between VAT and tax. 

Who Is Exempt From Paying Tax in South Africa?

Who Is Exempt From Paying Tax in South Africa?

Who Is Exempt From Paying Tax in South Africa? This article explains everything you want to know about tax exemptions. 

Who Qualifies for Tax Returns in South Africa?

Who Qualifies for Tax Returns in South Africa?

Not everyone qualifies for tax returns. This article explains everything you want to know about tax returns. 

Why Do We Pay Tax in South Africa?

Why Do We Pay Tax in South Africa?

Why Do We Pay Tax in South Africa? Are you wondering why taxes are mandatory payments levied on individuals and more

What Happens After Submitting Your Tax Return?

What Happens After Submitting Your Tax Return?

Today, we'll explore what happens to your tax return after you click ‘submit’,  and what you can expect to hear from SARS.

Why SARS May Reject Your Tax Return

Why SARS May Reject Your Tax Return

Today we look at the common reasons for rejection of a filed return, and how to resolve these issues for a smooth and compliant tax filing process

Where to Get A Medical Scheme Tax Certificate?

Where to Get A Medical Scheme Tax Certificate?

Here’s everything you need to know about medical scheme tax certificates, which are a critical part of proving your medical aid expenditure

How to Report Tax Fraud

How to Report Tax Fraud

You can do this by taking different measures. Read on to learn how to report tax fraud.    

Reasons You Still Need to File Your Tax Return 

Reasons You Still Need to File Your Tax Return 

Reasons You Still Need to File Your Tax Return. Here are some good reasons why you should file your tax return

What Are the Consequences of Not Paying Tax?

What Are the Consequences of Not Paying Tax?

What Are the Consequences of Not Paying Tax? Read on to learn the consequences of not paying taxes to the government.    

How To Become Tax Compliant in South Africa

How To Become Tax Compliant in South Africa

Today, we have a brief guide to tax compliance in South Africa to help you get your tax affairs in order.

What Does a Negative Amount on a Tax Return Mean?

What Does a Negative Amount on a Tax Return Mean?

What Does a Negative Amount on a Tax Return Mean? This post explains everything you want to know about negative and positive tax returns. 

How to Become A Tax Practitioner At SARS

How to Become A Tax Practitioner At SARS

We’re here with the details you need about becoming a tax practitioner at SARS today. 

What Does a Tax Attorney Do?

What Does a Tax Attorney Do?

This guide explains everything you want to know about the role of the tax attorney, career path, and potential earnings

How Does Tax On Bonuses Work in South Africa?

How Does Tax On Bonuses Work in South Africa?

How Does Tax On Bonuses Work in South Africa? We are here with this helpful guide to taxation and bonuses in South Africa.

What Expenses Are Tax Deductible In South Africa?

What Expenses Are Tax Deductible In South Africa?

What expenses are tax deductible in South Afric. Read on to learn the expenses that are tax deductible in South Africa.   

All About Disability And Medical Expense Tax Credits 

All About Disability And Medical Expense Tax Credits 

Today we’ve assembled a quick guide to everything related to the disability and medical expense tax credits from SARS

What Are the Liabilities on a Tax Return?

What Are the Liabilities on a Tax Return?

Today we look at exactly what that ‘liabilities’ section means for you, what belongs there, and how to correctly assess and create your balance sheet for income tax purposes.

What is the Non-Taxable Income Limit in South Africa?

What is the Non-Taxable Income Limit in South Africa?

What is the Non-Taxable Income Limit in South Africa? Today we will be looking at that latter category in more detail.

How Many Times Can I Revise Tax Return?

How Many Times Can I Revise Tax Return?

so today we’ve compiled this guide to help, exploring everything you need to know about tax return revisions and SARS.

What are House Property Taxes

What are House Property Taxes

The tariff rates, types of home taxes, and reasons why possessing a house is an excellent idea are all discussed in this piece. Learn more about this significant part of having a home.

Must-Know Income Tax Penalties In South Africa

Must-Know Income Tax Penalties In South Africa

Today we’re looking at some of the most common income tax penalties in South Africa, as well as how you can avoid triggering them and save yourself some cash.

What Is Income Tax Return Online Rectification

What Is Income Tax Return Online Rectification

In this article, you'll explore income tax return online rectification in South Africa: duration, status check, requirements, and the process when requesting correction from SARS.

Reasons Why Tax Returns Get Rejected After Filing

Reasons Why Tax Returns Get Rejected After Filing

Today we will be looking at this situation in more detail, including why it happens and what you can do about it.

How are Debt Funds Taxed?

How are Debt Funds Taxed?

Explore how debt funds are taxed, calculate tax on them, understand tax advantages, grasp dividend taxation on debt funds,

How to Change From Paye to Provisional Taxpayer

How to Change From Paye to Provisional Taxpayer

More highlights will be on registering as a provisional taxpayer and calculating your first tax as a provisional taxpayer. 

All About Driving Tax in South Africa

All About Driving Tax in South Africa

Today we will be looking deeper into the ‘driving taxes’ we pay in South Africa, and everything you should know to stay compliant with them.

How To File a Complaint with the Income Tax Department

How To File a Complaint with the Income Tax Department

But sometimes taxpayers are unhappy with how SARS treats them or their tax matters. In these cases, taxpayers can complain to SARS

What is the Difference Between TAX and VAT?

What is the Difference Between TAX and VAT?

There are two main characters in the tax story that individuals and businesses meet quite often - income tax and VAT.

Savings Tax in South Africa

Savings Tax in South Africa

Today we will be looking at all things tax- and savings-related, from the amount of money you can keep in your bank account without taxation

Stamp Duty And Registration Charges In South Africa

Stamp Duty And Registration Charges In South Africa

The article explores the topic of registration fees and stamp duty. Learn about them, their determination, and the total amount required to transfer property ownership

Is TAX Paid Monthly Or Yearly In South Africa?

Is TAX Paid Monthly Or Yearly In South Africa?

So, let’s raise a toast to understanding taxes - here’s to a prosperous journey in South Africa!

How Does Auto-Assessment Work?

How Does Auto-Assessment Work?

Today we are unpacking some of the key aspects of this new system, and what you should know about it.

Penalty On Non-Payment Of Advance Tax In South Africa

Penalty On Non-Payment Of Advance Tax In South Africa

This article explains the fines and interest, the penalty code, the late and self-assessment tax penalty, and how to see and pay your SARS penalty.

IT12EI – Return of Income Tax Exempt Organisation

IT12EI – Return of Income Tax Exempt Organisation

This article explains the measures you can take to file your return of income for an organization(IT12EI ) that does not pay tax. 

What You Should Know About Taxation on Inherited Property

What You Should Know About Taxation on Inherited Property

Today we are covering the basics of inheritance taxation in South Africa, especially regarding property you may receive from the deceased.

How to Claim A Refund For Excess TAX Paid

How to Claim A Refund For Excess TAX Paid

This piece will update you on how to receive a SARS repayment, who can obtain a refund, what to do to acquire a refund

How Much Is PAYE Tax Deduction In South Africa?

How Much Is PAYE Tax Deduction In South Africa?

Exploring the Tax Implications of Gifts in South Africa

Exploring the Tax Implications of Gifts in South Africa

Today, we will unpack everything you need to know about this tax type to ensure you stay on the right side of the tax

How to Pre-Validate A Bank Account to Get An Income Tax Refund?

How to Pre-Validate A Bank Account to Get An Income Tax Refund?

The process for pre-validating your bank account to receive a refund of income taxes in South Africa is presented in this article.

WT002 – Return for Withholding Tax on Interest

WT002 – Return for Withholding Tax on Interest

This guide highlights different things about the Return for Withholding Tax on Interest (WT002).     

Why Your Tax Refund Might Be Delayed

Why Your Tax Refund Might Be Delayed

Today, we will be looking at this issue in more depth and how to give your income tax refund the best possible chance of being processed quickly.

How Are Married Couples Taxed In South Africa?

How Are Married Couples Taxed In South Africa?

This article will explain how married couples are taxed in South Africa, how much money they can gift to a family member tax-free

IT14SD – Company Income Tax Supplementary Declaration

IT14SD – Company Income Tax Supplementary Declaration

IT14SD – Company Income Tax Supplementary Declaration. Read on to learn about IT14SD Company Income Tax Supplementary Declaration.    

Capital Gains Tax On the Sale of Property

Capital Gains Tax On the Sale of Property

We are here with some key basics to help you better understand Capital Gains Tax and how it affects the sale of properties.

Taxation Rules For Gratuity

Taxation Rules For Gratuity

This writing will explain gratuity, cover the laws involving gratuities, whether or not they are taxable, how a lump sum gratuity is tariffed, and how a leave gratuity is evaluated

How the SARS Income TAX Brackets Work

How the SARS Income TAX Brackets Work

This guide is meant to give you the information you need to understand and navigate the tax brackets set by SARS in South Africa easily

Taxes on Capital Gains

Taxes on Capital Gains

While most only encounter CGT a few times in our lives, it can be a hefty tax burden, and it is critical to understand what it does

How Is Income Tax Collected In South Africa?

How Is Income Tax Collected In South Africa?

How Is Income Tax Collected In South Africa? Income tax offers the bulk of earnings for the South African government.

What Is Reconciliation to Taxable Income?

What Is Reconciliation to Taxable Income?

In this blog post, our focus will be on taxable income. We will give you insight on reconciliation to taxable income

How to Deal With Income Tax Notices?

How to Deal With Income Tax Notices?

It is important to stay on top of them and respond timeously to requests to make sure they don’t have knock-on effects on the tax you owe.

What Is Capital Gains Tax In South Africa?

What Is Capital Gains Tax In South Africa?

And to sweeten the deal, CGT offers certain exemptions and concessions for specific taxpayers and circumstances.

What Is A Settlement Agreement In South Africa

What Is A Settlement Agreement In South Africa

This blog post will be centred around a settlement agreement in South Africa. Other related questions on settlement agreements will be expatiated

How to Submit An Income Tax Return (ITR12)

How to Submit An Income Tax Return (ITR12)

Income Tax Return (ITR12. Ensuring your income tax return is accurate is critical- and today we have the tips you need to help you.

Tax on Winnings of Game Shows And Lottery

Tax on Winnings of Game Shows And Lottery

We’ll delve into how much tax is slapped on lottery winnings, whether online gambling platforms like Betway are taxable

Reasons Why Your Tax Refund Might Be Delayed

Reasons Why Your Tax Refund Might Be Delayed

Today, we’re exploring more about the South African tax refund process, what often delays it, and how you can aim for the smoothest possible experience.

How to Complete the Income Tax Return (ITR14) 

How to Complete the Income Tax Return (ITR14) 

To keep things neat, tidy, and as simple as possible, tax return for companies vs individuals. The company-focused income tax return uses code ITR14.

What Is SARS Tax Credit?

What Is SARS Tax Credit?

These include the property rates tax credit, the investment tax credit, the tax credit for medical scheme fees, and the credit for economic development.

What Is the Securities Transfer Tax (STT) in South Africa?

What Is the Securities Transfer Tax (STT) in South Africa?

Today we will be exploring one of these- the Securities Transfer Tax, or STT. If you regularly interact with financial markets or investments, this is one you should properly understand.

What is the Carbon Tax in South Africa?

What is the Carbon Tax in South Africa?

What is the Carbon Tax in South Africa? Today we will be unpacking some CBT basics you should be aware of.

How to Submit Provisional Tax to SARS

How to Submit Provisional Tax to SARS

This article will guide you through submitting your provisional tax return to SARS. 

How to Avoid Paying Capital Gains Tax On An Inherited Property

How to Avoid Paying Capital Gains Tax On An Inherited Property

How to Avoid Paying Capital Gains Tax On an Inherited Property. We'll briefly touch on avoiding inheritance tax in South Africa.

How to Avoid Paying Dividend Tax in South Africa

How to Avoid Paying Dividend Tax in South Africa

In this guide, we'll delve into the art of sidestepping dividend taxes, probe into whether dividends enjoy a tax-free ride in South Africa

How to Claim Work From Home Tax Credit In South Africa

How to Claim Work From Home Tax Credit In South Africa

This handbook will guide you through claiming the work-from-home tax-related credit in South Africa.

Why is the Pension Fund in South Africa an Allowable Tax Deduction?

Why is the Pension Fund in South Africa an Allowable Tax Deduction?

In this article, we'll delve into the specifics of why pension funds are an allowable tax deduction in South Africa

How To Complete The Tax E-Filing Registration Process

How To Complete The Tax E-Filing Registration Process

Setting out on your tax e-filing journey in South Africa is a breeze. Just follow this roadmap:

How To Receive The SARS Tax Number Via SMS

How To Receive The SARS Tax Number Via SMS

How to Calculate Capital Gains Tax In South Africa

How to Calculate Capital Gains Tax In South Africa

How to Calculate Capital Gains Tax In South Africa. But don't fret; we're here to illuminate the art of calculating CGT in this vibrant nation.

How Is Bonus Tax Calculated In South Africa

How Is Bonus Tax Calculated In South Africa

How Is Bonus Tax Calculated In South Africa. Our aim is to illuminate the complexities of this system and provide clarity regarding the role of SARS.

How Tax Rebate Is Calculated

How Tax Rebate Is Calculated

How Tax Rebate Is Calculated. In this extensive handbook, we will explore the realm of tax rebates in South Africa.

What Is Tax Rebate?

What Is Tax Rebate?

What Is Tax Rebate?. This exhaustive handbook delves into tax rebates, spotlighting South Africa

How Tax Reduction Stimulates Economic Recovery

How Tax Reduction Stimulates Economic Recovery

How to Activate Tax Types on eFiling

How to Activate Tax Types on eFiling

This comprehensive guide navigates through the intricacies of tax types, explaining how to activate them on the eFiling platform

How to Complete a Tax Directive Application eFiling

How to Complete a Tax Directive Application eFiling

Understanding how to navigate the eFiling platform for tax directives is essential for ensuring compliance with tax laws and accurately managing tax obligations.

How to Avoid Donations Tax In South Africa

How to Avoid Donations Tax In South Africa

By the end of this guide, you'll be equipped with valuable knowledge to navigate the South African donations tax landscape effectively.

How to Avoid Lottery Winning Gift Tax

How to Avoid Lottery Winning Gift Tax

How to Avoid Inheritance Tax in South Africa

How to Avoid Inheritance Tax in South Africa

This guide explores strategies for reducing or avoiding inheritance tax in South Africa, addresses whether beneficiaries pay tax on inheritances