NEWS | SIX SARS AUDIT TIPS FOR THE CAPTURED

Last week we were asked what Mr Edward Kieswetter’s first actions should be when he takes over the reins at SARS on 1 May. The answer for us was a no-brainer, crack down on those implicated in the State Capture Inquiry, starting with the beans spilled on Bosasa.

NEWS | A NEW SHERIFF IN TOWN

Newly appointed tax commissioner Edward Kieswetter has hinted at the regime he plans on implementing at the embattled Receiver from 1 May 2019. In short, the “tax holiday is over”. The sheriff is ready to clean up the town.

Choosing The Right Business Entity

Deciding on a Business Entity and the Tax Implications Involved

Starting your own business can be both an exciting and daunting experience. It is a journey that needs careful consideration beforehand to avoid any unintentional exposures. Strategic planning and oversight is imperative to select the right business entity that offers maximum tax saving and minimum risk exposure. The South African Revenue Service (SARS) has stepped […]

SARS’ new rule: Is travel compensation still worth the chase?

Which is better – company car or travel allowance? It’s a question that regularly plagues both employers and employees. “In light of new SARS requirements for travel reimbursements, it needs to be carefully revisited,” says Jerry Botha, Master Reward Specialist and Executive Committee member of the South African Reward Association (SARA).

CHANGE IN UIF CONTRIBUTIONS

A recent tax law change has been effected in respect of employer/employee UIF contributions. Please familiarise yourself with the legal note included below and consider whether you and your employees identified below may have an obligation to make UIF contributions.