SA tax residents need to disclose worldwide income
South African tax residents (such as natural persons, companies and…
DID YOU RECENTLY SELL YOUR PROPERTY?
Here is what you need to know…the capital gain realised…
Medical Tax Credits
Taxpayers are entitled to two medical credits: A credit on…
Retirement Annuity fund Deduction
The Income Tax Act provides for a deduction made to…
Administrative non-compliance penalties
Administrative non-compliance penalties are typically levied where a taxpayer had…
Travel Allowance tax deductions
A travel allowance, in terms of section 8(1)(b) of the…
A commission earner – claiming expenses
The position for commission earners is similar to that of…
DO YOU EARN RENTAL INCOME?
If you are an individual and rent out a property…
Auto assessed by SARS? Here’s what you need to know…
Since 2020, SARS has made it easier for taxpayers to…
TAX SEASON 2022 – TAX DEDUCTIONS FOR YOUR HOME OFFICE
In 2021 many salaried employees submitted claims for their home…