Tax Planning Strategies for Companies: Smart Moves to Save More
Tax Planning Strategies for Companies: How to Stay Smart and Compliant Running a business isn’t just about selling products or services—it’s also about managing your money wisely. One of the smartest ways to do that is through tax planning strategies for companies. These strategies help reduce tax bills legally, keep cash flowing, and avoid year-end […]
SARS Auto-Assessment: Should You Simply Accept It?
Every year, the South African Revenue Service (SARS) expands its efforts to make tax filing easier for taxpayers. One such initiative is the SARS Auto-Assessment, which aims to simplify the process for individual taxpayers by using third-party data to prepopulate returns. While this may seem convenient, a recent article by Jean du Toit (Tax Technical […]
Working Capital Cycle Hacks for Faster Cash Flow
What Is the Working Capital Cycle? Keeping a business alive is a little like keeping a heart beating—cash must circulate smoothly and quickly. The working capital cycle is the time it takes for money spent on stock and expenses to turn back into cash in the bank. Shorter cycles free up resources for growth, while […]
SARS Auto Assessment 2025: Your Quick Guide
Why the SARS Auto Assessment 2025 Matters The South African Revenue Service (SARS) is doubling down on data-driven efficiency, and this year’s automated assessments will reach a record number of taxpayers. If you keep your details up to date and your paperwork tidy, the process can be as painless as watching your refund drop into […]
Profitability Formulas for Business Owners
Profitability formulas help you understand key financial insights about your business. When it comes to running a business, knowing whether your efforts are truly paying off requires more than just looking at sales numbers. That’s where profitability formulas come into play. These simple yet powerful calculations can help you measure how well your business is […]
Zero Rated Food Items: Public Demands Relief
Zero Rated Food Items: Renewed Calls for VAT Relief and Practical Support Measures With rising inflation, civil society and industry groups urge government to expand the zero rated food items list under VAT. These tax-free essentials can make a meaningful difference in the affordability of everyday staples. Credit to the original author of the article […]
Effect of Interest Rate Cut: SARB Trims Repo Rate
Effect of Interest Rate Cut: SARB Trims Repo Rate by 25bps On May 29, 2025, the South African Reserve Bank (SARB) lowered the repo rate by 25 basis points, bringing it down to 7.25%. Commercial banks will consequently lower the prime lending rate to 10.75%. This move has sparked discussions about the effect of interest […]
Dying Without a Will? Here’s What Happens
Dying without a will can lead to significant complications for your loved ones. In South Africa, when a person dies without a valid will, their estate is distributed according to a law known as the Intestate Succession Act. This Act outlines a legal framework to determine who inherits your property, savings, and possessions. What happens […]
Foreign Exchange Controls News: Crypto Not Yet Regulated
In recent foreign exchange controls news, the South African Reserve Bank (SARB) clarified that cryptocurrencies currently fall outside the country’s strict foreign exchange regulations—but this could change soon. South African crypto users should closely watch this possibly temporary exemption in the changing regulatory landscape. According to Ciaran Ryan’s detailed report published on Moneyweb, SARB’s Financial […]
Directors Loan Accounts: SARS Crackdown
In a striking example of the South African Revenue Service’s (SARS) intensified scrutiny, an individual has been slapped with a R30 million tax bill due to mismanagement of loan accounts. This case underscores the critical importance of understanding and properly managing these accounts to ensure tax compliance. The Case at a Glance As reported by […]
