Issued 22 January 2019.
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...
read moreIssued 18 January 2019
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...
read moreIssued 2 January 2019
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...
read moreIssued 15 December 2018
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...
read moreIssued 11 December 2018
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,...
read moreIssued 5 December 2018
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. ...
read moreIssued 2 December 2018
SARS will only allow a taxpayer to claim a limited amount of any taxes, deducted offshore on foreign income and investments, as tax credits on the taxpayer’s tax return in South Africa. The amount of...
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