Blog

Is the work-from-home-model here to stay?

The national lockdown has forced many South Africans to adapt to an unfamiliar work-from-home-model.  But this is not just the case for South Africans.  This has become a worldwide phenomenon as people across the world retreated into the safety of their homes amid the...

Employment tax validation

From the 2020 year of assessment SARS will perform an Employment Tax validation on the IRP5/IT3(a) certificates submitted by employers.   Should SARS determine that an incorrect amount of tax was deducted from an employee, a letter will be issued to the employer,...

Tax filing season amendments – 2020

In recent days there have been unconfirmed information doing the rounds that the South African Revenue Service (SARS) is planning changes to the coming tax filing season due to the impact of the Coronavirus.  We have since publishing this original article been able to...

Lockdown level 4: Permits and Regulations

Relaxation of South Africa's lockdown regulations has permitted certain business sectors to reopen their doors for business from 01 May 2020 in an attempt to slowly restart the country's economy.  Under the level 4 regulations the scope of businesses allowed to...

Covid-19 tax relief measures – updated

President Cyril Ramaphosa announced further Covid-19 tax relief measures to assist businesses in difficult financial times amid the Covid-19 pandemic national lockdown. Additional Covid-19 tax relief measures include: the fast-tracking of VAT refunds (returns may be...

OUTSOURCING YOUR ACCOUNTING

The outsourcing of administrative functions is highly under-rated in the current marketplace but this can be an untapped resource for many small businesses.  One valuable lesson the Covid-19 pandemic has taught us, it is that we need to change the way in which we do...

TERS (Temporary Employee / Employer Relief Scheme)

During the past weeks there have been many questions and concerns regarding the TERS fund insofar as to who can claim from the fund, how to claim from the fund and how much can be claimed.  We have compiled a summary of the vital information below: Who qualifies to...

SARS: Submission of supporting documents for non-eFilers

Visits to SARS branches are no longer required for the submission of supporting documents as it can now be submitted using an online form. The form can be accessed with the following link and the submission completed by following the below steps: 1. Complete the form...