The August 2011 Bi-Annual PAYE reconciliation
submission period is from 1
September 2011 to 28 October 2011
September
2011
Release of the National Health Insurance
Green Paper
Health Minister Aaron Motsoaledi launched the Green Paper on the
National Health Insurance (NHI) during a post-Cabinet media
briefing in Pretoria on Thursday, 11 August 2011.
Personal Tax returns – critical deadline dates The 2011 tax
season opens on 1 July 2011 and the final submission deadlines
for the 2011 tax returns are 30 September 2011 (Manual
submission) and 25 November 2011 (Electronic submissions).
June
2011
Taxation Laws Amendment Bill, 2011
The Draft Taxation Laws Amendment Bill, 2011 (“the TLAB”) was
released by National Treasury on 2 June 2011 for public comment.
June
2011
Importance of the Payroll Administrator
Most business owners are aware of the size of their payroll
expense and pay a lot of attention to providing for the cash
flow and managing it as an expense line item. Strangely though
the administration risks surrounding this expense are often
ignored and the controls are assumed to be sufficient – you do
so at your peril!
June
2011
Tax Tips - Article 1
From 1 May 2011 any payment made using the SARS drop box on a
business day must be deposited/received on or before 3 p.m.
May
2011
Tax Tips - Article 2
SARS no longer accepts any cheque payment that exceeds R100 000
at any SARS office or via post for PAYE/SDL/UIF or VAT.
May
2011
Tax Tips - Article 3
The primary residence property transfer exemption ends on 31
December 2012. There are certain documents that will be required
by SARS for this process.
May
2011
Tax Tips - Article 4
Some handy tips we have discovered from working on the SARS
Easyfile system that will assist you with the 2011 EMP501
submissions.
May
2011
Tax Tips - Article 5
Do you earn a travel allowance? Are you a sole trader wanting to
claim back the business portion of your personal vehicle’s cost
for business purposes?
May
2011
Tax Tips - Article 6
SARS opened their Voluntary Disclosure Program (VDP) on 5th
November 2010. The program makes provision for the disclosure of
both income tax and/or exchange control contraventions.