Income tax season only opens 1 September 2020!

Income tax season only opens 1 September 2020!

In the past tax season usually opened on 1 July for individual tax return submissions. As a result of COVID19 SARS has implemented a new strategy to reduce the need for taxpayers to potentially visit a SARS branch. This includes an automated assessment for some...
CIPC compliance checklist

CIPC compliance checklist

The Company and Intellectual Property Commission (CIPC) introduced a new compliance checklist. All companies that are required to perform an independent review or an audit is required to complete the checklist on an annual basis. The intention of CIPC behind this new...
Tax on foreign income

Tax on foreign income

On 1 March 2020 the much talked about Tax on Foreign Income became a reality in South Africa. The question on everybody’s lips is: “Does this new tax apply to me?” Tax residency The short answer to the question is probably yes. It applies in the sense that this is...