Do I Need Annual Financial Statements? π
If you own a company in South Africa, there’s a question that surfaces every year around financial year-end: “Do I actually need annual financial statements β and do they have to be audited?” π€ It’s a question with real money attached, because an audit can cost many times more than a basic compilation. Get the […]
When Must I Register for VAT in South Africa?
Few things confuse South African business owners more than VAT registration β Some rush to register far too early. Others ignore it until SARS sends a letter that ruins their week. And almost everyone has heard a different “rule” at a braai π So let’s settle it properly: when do you have to register for […]
Salary vs Dividends? πΌ
You started a company, it’s finally making money, and now you face the question every business owner eventually Googles at 11pm: “How do I actually pay myself β salary or dividends?” π€ It’s one of the most important tax questions you’ll ever ask, because the wrong answer can cost you thousands in unnecessary tax every […]
Tax Practitioner Pretoria: How to Choose the Right One ποΈ
Let’s be honest: nobody wakes up excited to find a tax practitioner π It usually happens after a trigger. A SARS letter you don’t understand. A refund that vanished into “verification.” A side hustle that suddenly needs declaring. Or that creeping feeling that you’ve been overpaying tax for years. If you’re searching for a tax […]
What Happens If You Ignore SARS?
A Timeline of Bad Decisions β³ There’s a special folder in many South Africans’ lives. For some people it’s a drawer. For others it’s an email label. More often than we’d like to admit, it’s simply denial. π It’s where the SARS letters go to be ignored. And we get it β SARS correspondence is […]
SARS Payment Arrangement = Plan B π³
So the assessment landed, and the number at the bottom made your stomach drop π¬ Perhaps business has been slow. A provisional tax payment may have caught you off guard. Sometimes life simply happens. Here’s what most taxpayers don’t realise: owing SARS money you can’t pay right now is a problem. Ignoring it is a […]
SARS Verification: Why Your Refund Is Stuck π
You filed your return. You did the maths. A juicy refund is on its wayβ¦ π° And then eFiling delivers the plot twist: “Your return has been selected for verification.” Cue the panic. Is this an audit? Did I do something wrong? Will I ever see my refund? π± Deep breaths. A SARS verification is […]
How SARS Selects Taxpayers for Audit β It’s Not Random π―
“Why me?” π© It’s the first thing every taxpayer asks when that dreaded SARS audit notification lands. And here’s the uncomfortable answer: it’s probably not bad luck. Today’s SARS runs on data, algorithms and artificial intelligence. A SARS audit in 2026 is less “name out of a hat” and more “the computer flagged you three […]
SARS Estimated Assessments – The Result of Late Filing!
Remember when filing your tax return late was a “deal with it later” problem? π Those days are officially over. On 31 March 2026, President Ramaphosa signed the Tax Administration Laws Amendment Act into law, and it quietly changed the rules of the game for every taxpayer in South Africa. The headline change? If you […]
SARS Scams Are Back for Tax Season β Don’t Take the Bait π£
It’s almost that time of year again. Tax season opens, refunds start flowingβ¦ and SARS scams come out of hibernation like it’s Black Friday for criminals π¬ If your phone has recently pinged with a message saying “SARS owes you a refund, click here to claim,” we’ve got some uncomfortable news. That’s not SARS. That’s […]
