income Tax

June 13, 2024

What to Do if You Owe SARS Money

Owing money to the South African Revenue Service (SARS) can be stressful, but don’t panic. By understanding your options and taking prompt action, you can resolve […]
March 11, 2024

Tax ‘Tune-Up’ for 2024

Tweaks to help make your filing easier this year…and save some tax! “Time sure flies when you’re having fun”, so the old saying goes. The other […]
July 18, 2022

Home office expenditure

Taxpayers who are salaried employees have limited deductions available to them. However, home office expenditure can be claimed as an income tax deduction, but the onus […]
June 8, 2021

Valuation of trading stock for tax purposes

On 27 September 2019, just over a year since delivering judgement in another matter with very similar facts, the Supreme Court of Appeal in CSARS v Atlas Copco South Africa (Pty) […]
September 12, 2016

Threshold registration requirement for the skills development levy

We have recently become aware of an increased level of audits being conducted by the South African Revenue Service in relation to taxpayers’ obligations in terms […]
September 12, 2016

Misuse of assessed losses

An assessed loss for income tax purposes is a potentially valuable asset: it represents past losses made by a taxpayer which is able of being carried […]
September 25, 2015

The link between CGT and income tax

The name “Capital Gains Tax” (CGT) can create the impression that CGT stands on its own as a seperate tax from the rest of the taxes […]
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