Tax articles

Employee or freelancer? The taxman wants to know
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
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
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
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
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 officially opened for eFilers on Saturday, 1 July, and today for branch filers.

TaxTim launches out of season tax special
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
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
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
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
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
This guide offers some advice to help make the 2016 Tax Season easier.

