The Taxation Laws Amendment Act was amended, last Thursday, with regard to the way that SARS treats trading in crypto currencies such as Bitcoin etc. The bottom line is that while profits from trading in crypto currencies are taxable, like any other financial...
Many skilled South Africans have accepted employment opportunities in foreign countries for lengthy periods such as for most of the year or even for several years continuously, and so legally avoided paying tax in South Africa. SARS has always treated these people as...
Tax consultants, accountants and tax practitioners are now able to pre-order copies of WinTax2020 for the tax year starting 01/03/2019 in order to ensure they receive the first copies we release after the budget is read in February 2019. Order forms are available on...
Watch this video to see how you can use a little financial planning to dramatically increase the time that a client can draw escalating income from a Living Annuity. Everybody wins here! The clients gets more income for a longer period and more capital stays in the...
Here is one way to reduce your income tax bill. By taking advantage of SARS’s generous scheme to slash the income tax tax for taxpayers with children or relatives at registered educational institutions, a taxpayer can save tens of thousands of Rands in income tax. ...
We are pleased to announce that South Africa’s biggest financial institution has purchased a license agreement to distribute WinTax2020 to their staff, tax lawyers and consultants. The institution has bought a WinTax license every year for the past 21 years. ...
