Kick-start your new tax year

The new tax year is well underway, bringing with it a number of changes that could affect your payroll calculations and the tax you need to pay on behalf of your employees, says Yolandi Esterhuizen, legislation manager at Sage VIP. Here are some of the important...

Circular reference in new tax law

The draft 2014 Taxation Laws Amendment Bill (TLAB) brings with it some important proposed changes to the formula that employers use to calculate the fringe benefit value of their contributions to employees’ defined benefit funds. The TLAB raises the possibility of...
Tax phishing season opens

Tax phishing season opens

With tax filing season upon us, the annual tax-related cyber fraud feeding frenzy has begun.

SARS reconciliation deadline looms

South African companies have only a few days left to submit their annual SARS reconciliations if they are to meet the 30 May deadline. If you miss the deadline or submit incomplete or inaccurate data, your business will be subject to stiff financial penalties for each...

Tax document storage solutions in the cloud

Cloud services are a global trend that is gaining popularity with locals too as more and more South Africans become comfortable socialising, transacting and backing up their information online. Now the world of tax has entered the cloud as TaxTim extends its offering...