07 November – PAYE submissions and payments 25 November – VAT manual submissions and payments 27 November – Excise duty payments 28 November – VAT electronic submissions and payments, & CIT Provisional Tax payments where applicable.
In business it’s too easy for an entrepreneur or business leader to mistake being busy for being effective. Working long hours with back-to-back meetings can look like productivity – but without clarity and boundaries, the important work may not actually be getting done. According to a study conducted by McKinsey, 61% of senior executives believe […]
Can you believe November is upon us already? But instead of panicking about Christmas presents, it’s time to get strategic. The end of the year presents a crucial opportunity to settle outstanding matters, measure your business’s progress, and establish a strong foundation for a prosperous new year. This checklist can help you achieve this before […]
The official trust filing season for the 2025 year of assessment is now open for both provisional and non-provisional taxpayers – and SARS has issued stern warnings to trustees to fulfil their tax obligations. Who must file trust tax returns? A trust is included under the definition of a “person” in terms of the ITA […]
Extending 30-, 60- or 90-day payment terms may seem like a simple trick to help your sales teams convert sales, smooth negotiations and boost customer service. What you may not recognise, though, is that those terms are not neutral commercial niceties – they are a form of credit. When your business supplies goods or services […]
The South African Revenue Service (SARS) has fundamentally changed the compliance landscape for all trusts. The latest revisions to the ITR12T (Trust Income Tax Return) and related legislation signal that SARS is moving toward full transparency, demanding granular detail on trust structures, distributions, and beneficiaries. Trustees can no longer afford a passive approach; non-compliance is […]
A company’s failure to maintain its statutory compliance, primarily the filing of Annual Returns for two or more successive years, triggers an administrative process that leads to the complete and immediate withdrawal of its legal status by the Companies and Intellectual Property Commission (CIPC). The status of “Final Deregistered” is not merely a formality—it is […]
The South African Revenue Service (SARS) has been steadily reforming its customs import system for e-commerce, and recent changes, particularly concerning Value-Added Tax (VAT) on low-value imported goods, are set to significantly impact businesses across the country. These amendments are driven by SARS’s commitment to fostering fair competition and ensuring legitimate trade within the rapidly […]
South African taxpayers with foreign income or investments will benefit from crucial amendments to Section 6quat of the Income Tax Act, which provide greater relief against international double taxation. These changes, primarily focused on the carry-forward of unused credits and the treatment of foreign capital gains tax, are effective from March 1, 2025 (the start […]
07 October – Monthly Pay-As-You-Earn (PAYE) submissions and payments 20 October – End of Filing Season 2025 for Individual taxpayers 24 October – Value-Added Tax (VAT) manual submissions and payments 30 October – Excise Duty payments 31 October – VAT electronic submissions and payments and CIT Provisional Tax payments.
