Tax

January 8, 2020

Old McDonald Had A Farm and Got Taxed

Farming in South Africa is like second nature to most South Africans, but the tax implications on farming operations seem to raise some questions when determining a […]
November 15, 2019

Farming operations: Tax implications

Farming in South Africa is like second nature to most South Africans, but the tax implications on farming operations seem to raise some questions when determining […]
November 15, 2019

Usufructs and tax consequences

A usufruct is a limited real right in property. The usufruct construct takes the form of a common-law personal servitude, which, as a limited real right, […]
October 15, 2019

Additional tax considerations

The distinction between amounts received of a capital nature as opposed to a revenue (or income) nature is essential for income tax purposes. Non-capital amounts received, […]
September 19, 2019

GETTING YOUR PUBLIC BENEFIT DUCKS IN A ROW

Non-profit organisations can apply for approval as a “public benefit organisation” (“PBO”) in terms of section 30(3) of the Income Tax Act[1] in order to qualify for tax exemption under […]
August 2, 2019

SKENKINGBELASTING: WIE, WAT, WAAR, EN HOE?

Is jou kennis genoegsaam oor skenkingsbelasting? Dink jy dalk daaraan om ń familielid finansieel by te staan, of om ń kind te help met ń deposito […]
August 2, 2019

2019 TAX SEASON IS NOW OPEN 

The 2019 tax season officially started on 1 July 2019.  Different filing periods apply, depending on the way a taxpayer chooses to submit their return:  Taxpayers […]
July 4, 2019

WHAT YOU NEED TO KNOW ABOUT PROPERTY TAX

Investing in a property or buying your dream home is an exciting and rewarding experience. But one of the not-so-exciting, but crucial parts of any property […]
July 4, 2019

TAX SEASON 2019: IMPROVEMENTS MADE TO EFILING

SARS recently released two media statements, in which it notes several improvements made to eFiling for the 2019 tax season, including the issue of customised notices […]