Tax rules governing share incentive schemes are complicated. Here we try to help employees better understand the potential tax consequences.
Tax Tuesday: Ready, set, file!
SARS’s filing season doesn’t need to be unbearable. In this post we explain what you need to do to ensure that you’re prepared. Then you can avoid any potential headaches!
Tax deductions on your home office
Can you deduct the costs of your home office from your taxable income? This is a grey area in tax – it involves more than one income tax provision, with more than one interpretation. SARS is usually stricter. Here we explain how you may qualify to deduct home office expenses and what you need if SARS queries these deductions.
Tax obligations for global citizens
If you can do your job from anywhere in the world: The tax implications of living elsewhere whilst working (remotely) in South Africa
Tax Tuesday: Shares and SARS – Your shares, but remember SARS also wants its share
When shares are sold the question always gets asked: How much of the purchase price needs to go to SARS? This will depend on whether the sale is subject to capital gains tax or normal income tax.
Video: Budget review
Bobby Wessels from AJM Tax gives us his highlights (and missing points) from the 2021 budget. He also answered questions on; CGT three-year rule Home office deductions Offshore dividends S12J Being tax efficient is an important part of great financial management. In this blog, a group of South African tax experts share their tips and ...
Budget speech 2021: A summary
Minister Tito Mboweni delivered his annual budget speech on 24 February 2021. In the year following the outbreak of the Covid-19 pandemic, many expected the individual tax burden to increase to make up for increased government spending and lower year-on-year tax collections. However, in an effort to stimulate spending, government increased tax brackets above inflation ...
Tax Tuesday: Capital loss, selling crypto and forex gains
Our tax experts answer your questions regarding tax implications for exchange between cryptocurrencies, and CGT on Forex gains
Your tax check-list
A brief checklist to help you collect the information for your next tax return throughout the year, and check your auto-assessments
Tax Tuesday: Retirement need-to-know
The tax consequences associated with retirement and key opportunities to consider when planning your retirement.