by MDACC | Mar 14, 2025 | Taxation Blog
by MDACC | Mar 10, 2025 | Taxation Blog
The Minister of Finance announced the following changes with effect from 01 March 2025: Reimbursive Travel rate per Kilometre – Reduced from R4.84 to R4.76 Subsistence Allowance: Daily amounts for meals and incidental costs (overnight allowance): Meals and...
by MDACC | Mar 4, 2025 | Taxation Blog
“When taxpayers are aggrieved by an assessment or a decision that is subject to objection and appeal, they have a right to dispute it.” (SARS) As a taxpayer in South Africa, you have the right to dispute tax assessments, if you have a valid reason to disagree with...
by MDACC | Mar 2, 2025 | Taxation Blog
07 March 2025 PAYE submissions and payments 25 March 2025 VAT manual submissions and payments 28 March 2025 Excise duty payments 31 March 2025 End of the 2023/24 Financial year, VAT electronic submissions and payments, & CIT Provisional Tax payments where...
by MDACC | Feb 13, 2025 | Taxation Blog
Article shared courtesy of: Paul Hutchinson, Ninety One | Access the article here, or view below ” Tax-free savings accounts (TFSAs) were introduced in 2015 to encourage South Africans to save more. Some ten years later, we now have a sufficiently long track...
by MDACC | Feb 12, 2025 | Taxation Blog
“Death, taxes, and childbirth! There’s never any convenient time for any of them.” (Margaret Mitchell) What is provisional tax? Provisional tax allows corporate and individual provisional taxpayers to pay their annual income tax in advance by making two or three...