National Minimum Wage: Get Ready for the Shake-Up
The phrase National Minimum Wage is back in the spotlight, and with good reason. South Africa is heading for some wallet-shaping changes. Whether you’re a worker counting your cents or a business owner balancing the books, here’s what you need to know. 📌 Where in the process is the suggested Act, and when will it […]
SARS Crypto Tax Warning for Traders
🚨 SARS Crypto Tax Warning: Don’t Let Your Wallet Get You in Trouble If you thought your crypto trades were invisible to the taxman, think again. The SARS Crypto Tax Warning is out, and South African traders need to take note. SARS is moving fast to tighten compliance, and ignoring it could get costly. 🔍 […]
Ordinary Taxpayers Beware: New Surprises Coming
💡 Why this matters for ordinary taxpayers The latest Draft Taxation Laws Amendment Bill, 2025 is not bedtime reading unless you enjoy mild panic before falling asleep. It’s stuffed with “nasty surprises” that could affect investments, pensions, and even your retirement planning. But don’t worry—let’s break it down into bite-sized, understandable chunks (with just enough […]
SARS targeting Influencers – The Selfie You Didn’t Ask For
📌 SARS targeting Influencers: Why “Freebies” May Come With a Tax Bill 💡 Picture this:You’ve just unboxed the latest gadget, posted a flawless reel, and your followers are showering you with ❤️. But guess who else is watching? SARS. Yep, SARS targeting Influencers is no longer a rumour—it’s reality. 🎥 What’s Happening? According to a […]
Jannie Mouton: Is the Curro bet Strategic or Just Goodwill?
Is Jannie Mouton’s Curro Buyout Strategic or Goodwill? 🎬 Setting the Scene Picture this: boardrooms buzzing, shareholders smiling, and South Africa’s biggest private school group getting ready for a plot twist. Recently, the Jannie Mouton Stigting made headlines with a R7.2 billion offer to buy out Curro. The twist? They want to delist it from […]
SARS Debt Recovery: What It Means and How to Survive It
💸 SARS Debt Recovery That Won’t Make You Faint (Seriously!) Hey there, brave taxpayer! Let’s talk about that towering mountain of unpaid taxes – SARS Debt Recovery – and how you can climb down gently, without needing a stiff drink. 🚨 What’s the Big Fuss About? South Africa’s taxman is hunting down R513 billion in […]
Income Tax Return Updates 2025: What SARS Has in Store
Income Tax Return Updates 2025: What SARS Has in Store It’s that time of year again—tax season! While most people would rather watch a new Netflix series than think about SARS, the 2025 Income Tax Return comes with some fresh updates that are actually worth a peek. 📅 Key Filing Dates for 2025 SARS has […]
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 […]
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 […]
