Your Year-End Tax Checklist: Smart Moves Before 28 February

“The avoidance of taxes is the only intellectual pursuit that still carries any reward. (John Maynard Keynes)
1. Boost your retirement savings
Contributing to a Retirement Annuity (RA) before 28 February can reduce your taxable income and grow your long-term wealth. If you haven’t maximised your annual tax deduction for contributions to retirement funds, this is a good moment to review it. Got any questions – ask us.
2. Top up your Tax-Free Savings Account (TFSA)
Each member of your family (even minor children) can have a TFSA and you can contribute up to R36,000 per year to each account. Interest and dividends paid from and capital growth inside a TFSA are completely tax-free, making it one of the most powerful long-term investment tools available.
3. Consider making a section 18A donation
Donations to qualifying Public Benefit Organisations (PBOs) and some other donees that are approved to issue section 18A receipts, are tax-deductible (up to 10% of taxable income). If you’re planning to give, now is a good time to do so.
4. Review your investment gains and losses
If you’ve realised capital gains this year, you may be able to offset them by realising losses on underperforming investments. This is known as “tax‑loss harvesting” and can help reduce your capital gains tax. If you’re unsure if this applies to you, we can definitely assist. There is also a CGT exclusion (up to R2 million in gains) on the sale of your primary residence so the timing of your house sale may have big tax implications (positive or negative).
5. Check your interest income
South Africans enjoy an annual local interest exemption of R23 800 (R34 500 for individuals 65 or older). If your interest income is close to or above the threshold, it may be worth reviewing where your cash is held and whether a more tax-efficient structure makes sense. Our advice here could be crucial.
6. Gather all your Tax Certificates
Make sure you have the necessary documents from your investment platforms, including:
- Interest and dividend statements
- Capital gains summaries
- RA and TFSA contribution reports
These will make your tax return smoother and help avoid SARS mismatches.
7. Review medical and other allowable expenses
If you’ve had out-of-pocket medical costs or other deductible expenses, gather those records now so they’re ready for your return.
8. Provisional taxpayers: Double‑check your estimate
If you’re a provisional taxpayer, your second payment is due at the end of February. Ensuring your estimate is accurate can help you avoid penalties later.
A stitch in time saves nine
If you’d like help reviewing any of these items or want to explore opportunities specific to your financial plan, we are here to support you.
Why Doing Nothing May Be the Best Thing You Can Do

“The difference between successful people and really successful people is that really successful people say no to almost everything.” (Warren Buffett)
In a world where constant activity is seen as progress, the real high-performing leaders are doing something different. These entrepreneurs, CEOs and founders understand that not every signal deserves a response, not every problem requires an immediate solution, and not every opportunity is worth pursuing. In volatile markets, noisy feedback loops and emotionally charged leadership environments, doing nothing can be the hardest and smartest move you’ll ever make. Here’s why.
You don’t make decisions with insufficient informationIf the data is weak, contradictory, or incomplete, action often locks in the wrong conclusion. High-performing founders pause to gather better inputs, test assumptions, or wait for the environment to stabilise. Acting early may feel decisive, but it increases the chances of rework and wasted capital. Don’t hesitate to consult with your accountant, or other experts while you wait to ensure all data is as complete as possible before acting. You avoid solving problems that aren’t real yetMany issues in start-ups resolve on their own: customer complaints from edge cases, short-term revenue dips, internal friction during growth… Founders who intervene too early often create processes, complexity, or cost for problems that would have disappeared organically. Strategic inaction prevents over-engineering. You delay irreversible decisionsHiring senior executives, firing key staff, pivoting your business model, or entering long-term contracts are all hard to undo. High-performing founders deliberately slow these decisions. Waiting allows emotions to settle and consequences to become clearer. Speed matters, but not when mistakes are expensive. You prevent emotional decision-makingFounders are most likely to act badly when under stress. Losing a client, missing a target, or facing criticism is guaranteed to heighten feelings. Strategic inaction creates distance between the stimulus and the response. This reduces decisions driven by fear, ego, or the need to appear in control. You let existing systems run before changing themWhen something underperforms, the instinct is to intervene. You would be better off first asking whether the system has had enough time to work. Premature changes make it impossible to know what is actually effective. Doing nothing (for a while) is often the fastest way to learn. You conserve focus and organisational capacityEvery new initiative pulls attention away from existing priorities. Try to recognise that your company’s capacity is limited. By choosing not to act, you will protect delivery on what already matters. This is especially important as teams scale and coordination costs increase. You use time as a risk-management toolWaiting can reduce uncertainty. Competitors reveal their strategies. Markets clarify. Customer behaviour becomes more predictable. Strategic inaction is often about allowing risk to resolve itself before committing resources. The bottom line: Choosing not to act is still a decisionDoing nothing is not neutral. It must be intentional, reviewed, and time-bound. Experienced entrepreneurs track what they are choosing not to do and reassess regularly. Remember, strategic inaction works only when paired with attention and accountability. |
Your Tax Deadlines for January 2026

07 January – PAYE submissions and payments
19 January – End of Filing Season 2025 for Provisional Taxpayers and End of Filing Season 2025 for Trusts
23 January – VAT manual submissions and payments
29 January – Excise duty payments
30 January – VAT electronic submissions and payments & CIT Provisional Tax payments where applicable.
