The Covid-19 pandemic has seen ‘n lot of people suddenly working from home.  This means that some taxpayers may qualify for a home office expense deduction when they submit their 2021 tax returns. More...

The much-anticipated Protection of Personal Information Act 4 of 2013(POPIA) comes into effect on 1 July 2021, giving businesses until the end of this month to comply with the new legislation. Whether your business is listed as a corporate or sole proprietor, the legislation is binding, if you are processing personal data.More...

The Unemployment Insurance Fund is now accepting new applications for TERS, the Covid-19 Temporary Employee/Employer Relief Scheme benefit, for the period from 16 October 2020 to 31 December 2020.More ...

Although gross debt increased to 80.3% of GDP ,individual taxpayers will pay less tax this year, but smokers and drinkers are hit hard. More ...

What is Provisional Tax?
Provisional tax is not a separate tax from income tax. It is a method of paying the income tax liability in advance, to ensure that the taxpayer does not remain with a large tax debt on assessment.
 
Who must pay Provisional Tax?
Any person who receives income (or to whom income accrues) other than a salary, is a provisional taxpayer. A Company or Close Corporation is also automatically a provisional taxpayer. More...

The Covid-19 pandemic has hit small businesses hard. What’s worse is that no one knows how long the pandemic will last.
Winston Churchill said “Don’t waste a good crisis”, now is the time to reassess our business strategy so that we not just survive, but strive.
Some ideas to help you look critically at your business:More...