SARS branches open on Saturdays in October in push to meet tax deadlines

2019-09-30 13:27

To make it easier for taxpayers to meet the deadlines to file their tax returns, SARS branches will be open from 08:00 to 13:00 during the month of October.

The 18 biggest mistakes you can make on your tax return this year

2018-07-24 07:12

Tax filing season is now open, and the SA Revenue Service (Sars) is waiting for returns. Doing your tax is painful enough – don’t compound your misery with these own goals.

Cosatu warns against VAT hikes, austerity measures ahead of budget

2018-02-20 06:16

The trade union federation says it will not "support any attempt by government to balance budget shortfalls and deficits upon the backs of struggling workers".

Musk paid at least $593m in income taxes in 2016

2017-04-23 15:10

One of the best-kept secrets of America’s billionaires is the size of their tax bills.

Business shouldn't be abused to boost SARS' figures - DA

2017-03-21 16:44

The South African Revenue Service appears to be abusing tax laws that allow for extended time for audits, documents and other delaying tactics, said the Democratic Alliance.

Dividend tax hiked to 20%

2017-02-22 14:24

Government is increasing the dividend withholding tax rate to 20%, effective from February 22 2017.

Taxpayers foot bill for largest revenue shortfall in 8 years

2017-02-22 14:13

The National Budget has confirmed the largest revenue shortfall relative to budgeted estimates since 2009/10, necessitating tax hikes bringing in an additional R28bn.

Matthew Lester ponders retirement: RA tax benefits vs offshore exposure?

2016-01-21 07:12

Should you take advantage of retirement fund tax benefits as submission dates draw near, or pass these off and invest offshore? Matthew Lester ponders the conundrum.

Matthew Lester: VAT deficiencies – pay now, receive later

2015-08-20 17:00

Matthew Lester looks at the use of VAT as a tax recovery mechanism.

Tax free status and working abroad

2015-01-28 11:36

A Fin24 user who is working abroad through a British agency wants to know if he can claim tax free status in South Africa.

 

This is the salary increase you will need this year

2019-02-27 05:26

Government's decision not to adjust income tax brackets for inflation is going to bite.

Treasury to focus on tax morality, administration as income tax is left largely unchanged.

2018-02-21 14:39

While the rate of personal income tax will not change this year, some income tax brackets will be tweaked, and Treasury will work to improve tax morality and administration.

Do you have assets in a trust? Listen up!

2017-04-25 12:48

A new ruling by the South African Revenue Service now requires that donations to trusts be taxed if the lender does not charge interest.

WATCH: Treasury shake-up cost SA R1.5bn extra in debt costs

2017-04-04 14:57

The hike in bond yields caused by President Jacob Zuma’s reshuffle and SA's downgrade to junk status will result in South Africa paying more for its high debt costs.

Bad news for higher income tax payers

2017-02-28 17:58

Despite a higher marginal income tax rate of 45% being introduced on taxable income over R1.5m, the National Budget maintained fiscal prudence, says OAM.

Tax on sugary beverages to be implemented on legal nod

2017-02-22 14:13

Government has proposed to implement a tax on sugary beverages, as soon as the necessary legislation is approved by Parliament and signed by the president.

Tax revolt may worsen if Gordhan targets PIT to fill gaps

2016-02-24 06:57

When the government is looking for extra money, all signs point to personal income tax because hiking VAT and Company Tax have political implications, says a tax expert

Matthew Lester: #FeesMustFall - Widen tax exemption to R500k

2015-11-04 06:25

Matthew Lester is still looking for a solution to the #FeesMustFall crisis and thinks it won’t happen unless everyone it affects gets involved.

Matthew Lester: The twists and turns of the Malema tax case

2015-04-16 16:03

A fascinating article by Matthew Lester on the Julius Malema tax saga.

Tax coffers swell to R900bn

2014-11-04 15:26

South Africa's tax revenues jumped by 10.6% in the 2013/2014 fiscal year, helped by more people paying income tax due in part to tax changes, data shows.

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