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Updated Interest Rate Tables for January

Updated Interest Rate Tables for January

by MD Streets | Jan 30, 2023 | Taxation Blog | Juanita Roman

SARS has published updated tables of interest rates. Copy of Table 3 Interest Rate on Fringe Benefit – 02.2023 These tables provide the average interest rates applicable to various tax matters, as follows: Table 1 – Interest rates on outstanding taxes and...
2nd 2023 Provisional Tax Information Request

2nd 2023 Provisional Tax Information Request

by MD Streets | Jan 18, 2023 | Taxation Blog | Juanita Roman

We are in the process of preparing the second provisional tax returns for the 2023 tax year, due for submission to SARS by 28 February 2023. We would therefore appreciate it if you could furnish us with either a copy of your latest payslip OR the total of your PAYE...
SARS has made a big change to help taxpayers

SARS has made a big change to help taxpayers

by MD Streets | Jan 6, 2023 | Taxation Blog | Juanita Roman

https://businesstech.co.za/news/business/647621/sars-has-made-a-big-change-to-help-taxpayers-what-you-need-to-know/
Public benefit organisations: Proposed new requirements for section 18A receipts

Public benefit organisations: Proposed new requirements for section 18A receipts

by MD Streets | Dec 6, 2022 | Taxation Blog | Juanita Roman

“In a world buffeted by extreme weather events and social upheaval, assessing the performance of corporates has undergone a paradigm shift. No longer are financial ratios the only measure of success, as both customers and investors test companies’ impact on...
SARS Interest Rates – Table 3 (“official rate of interest”)

SARS Interest Rates – Table 3 (“official rate of interest”)

by MD Streets | Dec 1, 2022 | Taxation Blog | Juanita Roman

interest_table3  
National Treasury and SARS refine “two pot” retirement proposals in response to feedback

National Treasury and SARS refine “two pot” retirement proposals in response to feedback

by MD Streets | Nov 15, 2022 | Taxation Blog | Juanita Roman

After wide consultation, National Treasury and SARS have made some changes and clarifications to the original proposals on introducing a “two pot” retirement system. On 29 July 2022, the 2022 Draft Revenue Laws Amendment Bill was released for public comment, setting...
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