by MD Streets | Jul 19, 2022 | Taxation Blog | Juanita Roman
We refer to our recent email to you on 22 June 2022 – The Start of 2022 Tax Season – What you need to know to save you time and costs!! As discussed, SARS will again be issuing ‘estimated’ assessments automatically to some taxpayers without the submission...
by MD Streets | Jun 29, 2022 | Taxation Blog | Juanita Roman
1 July 2022 is the official start of the 2022 Tax filing season – SARS is encouraging all taxpayers to use SARS e-filing channels to file their tax returns with amended deadline dates: Type of Taxpayer Channel Due Date Non-provisional and provisional taxpayers...
by MD Streets | Jun 21, 2022 | Taxation Blog | Juanita Roman
What are the new assessed losses rules? Companies could previously offset the full balance of any assessed loss carried forward from a previous tax year against all its taxable income for the current year. In addition, companies could carry over any assessed loss...
by MD Streets | May 18, 2022 | Taxation Blog | Juanita Roman
After 2 years of Covid, how has SARS aligned the tax deductions with the “new normal” with many South Africans still working from home (permanently or temporarily) – can you claim for “home office” expenses, and how does this impact your taxes?? Currently, SARS...
by MD Streets | May 12, 2022 | Taxation Blog | Juanita Roman
Post shared courtesy of: Marianne Merten | https://www.dailymaverick.co.za/ “Finalising income tax return verifications is one of three systemic concerns of the Tax Ombud, as illustrated by Fairness for All Case 13, or the taxpayer whom the tax collector...
by MD Streets | Apr 21, 2022 | Taxation Blog | Juanita Roman
The Annual Reconciliation Declaration (EMP501) submission period has opened on 1 April 2022 with the final submission deadline being 31 May 2022. Employers who comply fully, in turn, make it easier for their own employees to fulfil their individual tax obligation when...
