TAX SEASON 2018 FOR INDIVIDUALS

Tax Season 2018 Thank you South Africa for doing the right thing and filing your tax return by the deadline of 31 October. We thank you for playing your part in building our country. For those who missed the deadline, you are still expected to file your outstanding tax return. Administrative penalties may apply.   Tax Season deadlines […]

e@easyFile version 6.9.9 released

16 October 2019 – e@syFile version 6.9.9 was released Kindly note that version 6.9.9 was released on e@syFile Employer last night.  Version 6.9.9 is however not a forced update in an attempt to limit downloading required.  When the e@syFile Employer application is opened, the screen below will be displayed.  At the bottom of the message […]

RECONCILIATION

What’s New? 4 September 2019 – Updated PAYE BRS for Employer Reconciliation (2019 release) version 18.05 was published. 19 August 2019 – Updated PAYE BRS for Employer Reconciliation (2019 release) version 18.04 was published. 30 July 2019 – Updated PAYE BRS for Employer Reconciliation (2019 release) version 18.03 was published. 26 March 2019 – Updated PAYE […]

30 Stock Portfolio

This is a less volatile diversified investment portfolio offering a 30 stock portfolio in areas such as; cash, property, equity and bonds. Contact Stephen Brown to book a consultation.

UPDATE ON FILING SEASON 2019

To date, the response from South Africa has been great, with over 6 million logins, almost 1.3 million returns requested, and over 1 million returns submitted, of which 900 000 are for the 2019 tax year. By 29 July 2019, SARS had paid R5.5 Billion, with an average turn-around of 7 days for taxpayers that […]

TRADE STATISTICS

Exploring South Africa’s Merchandise Trade Statistics SARS is the legislatively empowered controlling entity for statistics on the importation and exportation of goods. Exercising this control entails record-keeping, verification, publication and analysis of trade data. Explore South Africa’s Merchandise Trade Statistics through interactive visualisations and other content Download the relevant data you need Any queries can […]

MANAGING YOUR EMPLOYER ACCOUNT

What’s new? 16 May 2019 – Changes on the Statement of Account On 26 April 2019 we introduced changes to the Payroll Taxes Statement of Account (SOA) in an attempt to address complaints received from employers about errors occurring on the SOA. The SOA shows the balance and detailed transactions for a tax year for […]

SARS EFILING GROWS

SARS EFILING GROWS IN FIRST TWO WEEKS OF TAX SEASON PRETORIA, Saturday 13 July 2019 – The South African Revenue Service (SARS) is pleased to announce that there has been an increase of five percent in the uptake of eFiling in the first two weeks of Tax Season 2019.  As at yesterday (Friday 12 July), SARS […]

29 MARCH TAX PAYMENT DEADLINE

Options for payments Currently there are a number of options available to you if you want to make a payment to SARS: 1. At a bankPayments to SARS can be made at the following banks: Absa, Albaraka, Bank of Athens, FNB, HSBC, JP Morgan, Mercantile, HBZ, Nedbank, Standard Bank and Capitec. Please quote the correct beneficiary ID and […]

CHANGES APPLICABLE TO INSOLVENT TAXPAYERS (INDIVIDUALS) AND THEIR INSOLVENT ESTATES

In line with SARS’ strategic objectives, increased tax compliance and the increased ease and fairness of doing business with SARS and to comply with legislative requirement, changes to the current processes are required in terms of registration, maintenance, and the management of the status of an insolvent individual and estate.From 25 January 2019, individual taxpayers […]