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The budget and your wallet: Personal income tax relief of R9.5bn. 54% of the relief will go to taxpayers who earn less than R260 000 a year. General fuel levy increases by 20c a litre, the Road Accident Fund levy Continue reading Budget 2012
If you own a small business, you could be saving just under R60 000 in small business tax when compared to normal tax rates. You can also avoid hefty penalties because of non-disclosure. Let’s start by defining a small business. Continue reading Small Business Tax
Sars given right to slap taxpayers with fat penalties Monique Vanek 23 February 2009 You could pay up to R16 000 for non-compliance. The news may not be good for those who failed to get their tax returns in by Continue reading SARS Penalties and Fines
The most cost-effective solution is to outsource tax requirements to a professional tax services consultancy or bookkeeper. At Smart Accounting we provide a full range of tax services from making sure you are registered, receiving and completing forms correctly to Continue reading Professional Tax Services
It’s Financial Year End Again! For many businesses and professionals in South Africa, its that time of year again – the financial year end. The reason for this is mainly because it’s also the end of the income tax year Continue reading 2012 Financial Year End