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The Budget Speech 2024/2025
THE BUDGET SPEECH 2024/2025 Enoch Godongwana, our Minister of Finance, presented the budget speech on February 21st, focusing on addressing immediate fiscal pressures. To tackle a
Renewable Tax Incentives Individual Taxpayers
RENEWABLE TAX INCENTIVES INDIVIDUAL TAXPAYERS CONTACT US Feel free to contact our Tax Team directly if you require any advice, assistance or more information and we can set up a Zo
Renewable Tax Incentives Business Owners
RENEWABLE TAX INCENTIVES BUSINESS OWNERS CONTACT US Feel free to contact our Tax Team directly if you require any advice, assistance or more information and we can set up a Zoom, T
The Budget Speech 2023/2024
THE BUDGET SPEECH 2023/2024 Enoch Godongwana, our Minister of Finance delivered his budget speech on Wednesday 23rd February, and with it brought some welcome tax incentives relate
Corporate Income Tax
Reduced Corporate Tax Rate While the reduction in our corporate income tax rates is welcomed, it could be neutralised by the loss limitation rule. It certainly seemed like a win fo
Usufruct and Bare Dominium
USUFRUCT AND BARE DOMINIUM A usufruct has become somewhat of a swear word when drafting an estate plan. The tax consequences need to be carefully considered as it could be a costly
The Budget Speech 2022/2023
THE BUDGET SPEECH 2022/2023 PAYROLL Finance Minister, Enoch Godongwana, delivered his first budget speech for the 2022/2023 fiscal year on Wednesday 24th February 2022. Godongwana
Payroll Promotional Offer
OUR PAYROLL PROMOTIONAL OFFER With most companies entering their new financial year on 1 March, it may be the perfect time to outsource your payroll function. We are offering a one
Brand Transformation Success: The Tax House Rebrands to Omne
T minus z – launch day has landed. We’re thrilled to unveil our revitalised, future-embracing brand, culture, and name. Over the last year, we have poured our hearts and so
Workmen’s Compensation for Domestic Workers
The Compensation for Occupational Injuries and Diseases Act, No 130 of 1993 (COIDA) provides for compensation for disablement caused by occupational injuries or diseases sustained
Tax Tips for Small Businesses
Candice Mullins joins Africa Melane from Cape Talk 702 with some Tax Tips for Small Businesses Click here to listen to the podcast Feel free to contact our Tax Team directly
Unemployment Insurance Fund Contribution Ceiling Increase – June 2021
On the 28th of May 2021, Finance Minister Tito Titus Mboweni, signed off Gazette No 44641, which determines the limit for the Unemployment Insurance Fund contribution. Effective fr
Tax relief for employees working from home
To curb the spread of C-19, President Ramaphosa placed the country under lockdown at the end of March and most South Africans were forced to work from home remotely. This resulted
SARS Auto Assessments
In the 2020 income tax year filing season the South African Revenue Service (SARS) has embarked on a NEW system of issuing auto-assessments. This is designed for taxpayer’s who r
Cryptos and tax
What is crypto? Are cryptos considered currencies, assets, or trading stock? A cryptocurrency (“crypto”) is a digital currency that is secured by cryptography, which makes
The Budget Speech 2021/2022
Even though the Finance Minister Tito Mboweni delivered his budget speech with his usual rhetoric tongue-in-cheek comments on Wednesday 24th February, Minister Mboweni was also pro
Promotion of Access to Information Act (PAIA)
Do you have a Promotion of Access to Information Act (“PAIA”) manual and Information Officer in place? You should all be aware of the Protection of Personal Information Act 4 o
Provisional Tax Information
We would like to request that you provide us with your provisional tax information for the following period 1 March 2021 to 31 August 2021.The following information is requ
Your Last Will and Testament
The day we leave our loved ones behind is a day we never want to think about, it’s human nature. However, having your affairs in order will ease the burden on your loved ones as
Documents Required to Complete Your Tax Returns
Click Here to view the documents required to complete your tax returns Feel free to contact our Professional Team directly if you require any advice, assistance or more informati
COVID-19 Notice
We are closely monitoring coronavirus developments and will be doing our best to take the required precautions to minimise the health risks of our staff, clients, stakeholders and
New Legislation On Expatriates
South Africans who are living and working abroad as an employee must take note of the new legislation which has already taken effect from 1 March 2020. It is extremely important fo
Potential Exchange Control Changes Effecting Emigration Regulations
Following reforms to the income tax treatment of South African tax residents who receive remuneration abroad (section 10(1)(o) of the Income Tax Act), government proposes to remove
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