SAICA’s 2019 Budget commentary

Click on the image below for SAICA’s 2019 Budget Summary document:

read more

2019/2020 MD Tax Guide

Below is our latest MD electronic Tax Guide to assist you with the tax legislation – for the 2019/2020 tax year. Click below to access the Tax Guide: Please contact us at the office on +27 (0)21 683 4834, should you require any assistance relating to the information contained within this Tax Guide. Annual MD […]

read more

SARS has extended the (Employee Tax Incentive) ETI scheme for another 10 years to 28 February 2029

The ETI scheme was implemented from 01 January 2014 and allows qualifying employers to deduct an incentive for each qualifying employee from the total PAYE payable for the month. A qualifying employer is an employer who is registered for PAYE and is tax compliant with SARS. An individual will qualify if he or she: Has […]

read more

CORPORATE INCOME TAX RETURNS – PENALTIES WILL BE IMPOSED FROM 07 DECEMBER 2018

read more

SARS eFiling App and MobiSite are now available to help taxpayers file their returns

The SARS eFiling App and MobiSite are now available to taxpayers who would like to file their personal tax returns via their mobile devices. The mobisite is also accessible to blind and visually impaired taxpayers. The App is available for both Android and iOS mobile phones by installing the App from the App Store (for […]

read more

Employee’s Tax information required for 1st provisional return for 2019

We are in the process of preparing the first provisional tax returns for the 2019 tax year, due for submission to SARS by 31 August 2018. We would therefore, appreciate it if you could furnish us with either a copy of your latest payslip OR the total of your PAYE (Employees tax) paid thus far […]

read more

How to complete VAT submissions with 2018 changes

As you are aware the VAT rates were increased from 01 April 2018 from 14% to 15%. This will impact your March/April VAT submissions which would have both 14% and 15% sales and inputs. Attached please find a template which would assist you with the completion of this return. Please also be aware that certain […]

read more

Urgent payroll matters to be actioned in April and May 2018

There are a few important payroll related matters to be actioned during April and May 2018: Increase in SARS official rate of interest – 1 April 2018 On 28 March 2018, SA Reserve bank announced the increase of the Repo rate to 6.50% p/a. With effect from 1 April 2018, the official SARS rate of […]

read more

NOTICE TO ALL EMPLOYERS – W.As8/ Return of Earnings 2017

The 2017 W.As 8 Return of Earnings for Compensation for Occupational Injuries and Diseases Act (COIDA) submission deadline is  31 May 2018. (This relates to the payroll tax year 01/03/2017 – 28/02/2018). Please note that the 2017 assessment period opened for transacting on the ROE website from 1 April 2018. If you are unsure whether […]

read more

SARS payment deadline – 29 March 2018

The deadline for outstanding tax returns and payments due by end March, is Thursday 29 March 2018 (the last working day before the Easter weekend). Due to the long weekend, SARS is requesting that taxpayers please pay by 12-midday to avoid penalties and interest. Being late could cost you! These payments include Corporate income tax, Dividends […]

read more