by MD Streets | Feb 5, 2024 | Taxation Blog | Juanita Roman
Maximise Your Remuneration Planning and Save Tax 1. Maximise your company car or travel allowance with a detailed logbook: If you have received a travel allowance or have driven a company car during the 2024 tax year, you need to record your mileage reading as at...
by MD Streets | Feb 5, 2024 | Taxation Blog | Juanita Roman
Maximise Your Wealth Planning and Save Tax 1. Donations: Donations made during your lifetime do not form part of your personal estate on death. Annual donations made by you up to R100,000 are exempt from donations tax – If you and your spouse each donate...
by MD Streets | Jan 18, 2024 | Taxation Blog | Juanita Roman
We are in the process of preparing the second provisional tax returns for the 2024 tax year – due for submission to SARS by 29 February 2024. We would therefore appreciate it if you could furnish us with either a copy of your latest payslip OR the total of your...
by MD Streets | Dec 1, 2023 | Taxation Blog | Juanita Roman
We refer to our communications sent by SARS in March 2023 relating to SARS’ move from their old customs platform to a new Registration, Licencing, and Accreditation (RLA) system on SARS efiling and updating to their Customs platforms, to help combat illicit trade and...
by MD Streets | Oct 15, 2023 | Taxation Blog | Juanita Roman
The Bi-annual August 2023 PAYE reconciliation period is from 18 September 2023 – 31 October 2023. – All employers must prepare and submit their declaration (EMP501) and employees’ IRP5’s to SARS reconciling the PAYE/SDL/UIF paid during the period 1 March...
by MD Streets | Oct 5, 2023 | Taxation Blog | Juanita Roman
We refer to our communications sent in March 2023 relating to SARS’ move from their old customs platform to a new Registration, Licencing, and Accreditation (RLA) system on SARS efiling. SARS required all current registered customs numbers to be moved/migrated to the...