Filing Season 2022 for Individuals

Filing Season 2022 for Individuals Income tax return filing dates 1 July 2022 to 24 October 2022 Taxpayers who file online Taxpayers who cannot file online can do so at a SARS branch by appointment only. 1 July 2022 to 23 January 2023 Provisional taxpayers including Trusts may file via eFiling or SARS MobiApp. If you are being auto-assessed, see all […]

Latest on the SARS Industrial action impact

14 July 2022 – SARS apologises for any inconvenience caused but due to the industrial action taking place across SARS, we are experiencing delays in servicing our taxpayers. Whilst the below branches may be closed to the public, they will continue to honour virtual appointments, as booked. In the event that a virtual booking is […]

bmtc home office

SARS – How to Claim for home office expenses

When will I be able to claim home office expenses? If you are an employee who works from home and has set aside a room to be occupied for the purpose of “trade”, e.g. employment, you may be allowed to deduct certain home office expenses for tax purposes calculated on a pro-rata basis.  Provided that […]

SARS – What you need to know to claim for travel.

When can you claim for travel? If you receive a travel allowance from an employer or principal, you can claim a deduction on assessment of your annual income tax return for the use of a private motor vehicle for business purposes. What do I need to do? Firstly, record your motor vehicle’s odometer reading on […]

SARS and NPA: Joint media statement on prioritising tax crime

Tshwane 14, 2021 – The Commissioner of the South African Revenue Service (SARS) – Mr Edward Kieswetter, and the National Director for Public Prosecution (NDPP), Advocate Shamila Batohi, have agreed to further enhance collaboration and deal with key challenges of tax crime and non-compliance, eroding the tax revenue base and the integrity of the tax system. […]

Understanding income tax as a freelancer

  Imagine sliding into your home office with comfy pants, a notebook, and the aroma of coffee. Working for yourself certainly seems appealing. But, unlike those working for a company, you will have the added responsibility of taking care of your income tax. Freelancers receive a variety of payments throughout the year and, in addition […]