Tax articles

Employee or freelancer? The taxman wants to know

Employee or freelancer? The taxman wants to know

16 October 2017 · Danielle van Wyk

There are many differences between being an employee and a freelancer, from potential perks like flexi working hours to the way in which you pay your tax. Justmoney takes a look at how important it is to make the correct classification for ...

Over R1 billion collected by SARS programme

Over R1 billion collected by SARS programme

11 October 2017 · Isabelle Coetzee

Earlier this week the South African Revenue Service (SARS) announced they have tallied over R1 billion in revenue from their Special Voluntary Disclosure Programme (SVDP). 

Ombudsman report: dissatisfied with delayed tax refunds

Ombudsman report: dissatisfied with delayed tax refunds

6 September 2017 · Isabelle Coetzee

After mounting complaints about delayed tax refunds, the Tax Ombudsman released a report on Monday, 4 September with the results of their investigation. 

What the tax amendments mean for you

What the tax amendments mean for you

23 July 2017 · Jessica Anne Wood

The 2017 Draft Taxation Laws Amendment Bill (TLAB) and the 2017 Draft Tax Administration Laws Amendment Bill, have been released by National Treasury and the South African Revenue Service (SARS) for public comment.

SARS announces 2017 revenue target of R1.265 trillion

SARS announces 2017 revenue target of R1.265 trillion

4 July 2017 · Jessica Anne Wood

The South African Revenue Service (SARS) has announced a revenue target of R1.265 trillion for the 2017/2018 financial year.

Tax season 2017 opens

Tax season 2017 opens

2 July 2017 · Jessica Anne Wood

Tax season 2017 officially opened for eFilers on Saturday, 1 July, and today for branch filers. 

TaxTim launches out of season tax special

TaxTim launches out of season tax special

20 April 2017 · Angelique Ruzicka

Tax Season only starts on the 1 July this year but to get you going TaxTim has launched an out of season special on several of its packages.

Why the 45% increase in personal income tax is good news

Why the 45% increase in personal income tax is good news

21 February 2017 · Angelique Ruzicka

A new top personal income tax rate of 45% for those with personal incomes above R1.5billion has been announced by Finance Minister Pravin Gordhan in his Budget Speech today. But this may be a good thing as it could encourage people to invest mor...

10 Ways to spend your tax refund

10 Ways to spend your tax refund

31 October 2016 · Staff Writer

It’s tax season, and one of the most compelling reasons to file a tax return (besides the fact that it’s the law, of course) is the chance that you’ve overpaid the taxman and that you’ll hear that sweet SMS sound of f...

Tax incentives extended

Tax incentives extended

27 September 2016 · Jessica Anne Wood

National Treasury and the South African Revenue Service (SARS) have released a revised 2016 Draft Taxation Laws Amendment Bill for public comment. The Employment Tax Incentive (ETI) was set to expire on 31 December 2016, while the learnership ta...

How to save on paying tax

How to save on paying tax

10 July 2016 · Jessica Anne Wood

With tax season officially open, Judy Snyman, fiduciary specialist at AlphaWealth, offers some tips on ways that individuals, and possibly companies and trusts, can reduce their income tax liability.

Getting ready for tax season 2016

Getting ready for tax season 2016

27 June 2016 · Jessica Anne Wood

This guide offers some advice to help make the 2016 Tax Season easier.