Newsletter

SARS's "The Power of Done" campaign promotes seamless, digital tax compliance for Tax Filing Season 2026. The season officially opens on 13 July, although auto-assessed taxpayers will receive notifications from 1 to 12 July.  Find out here what the deadlines are, which apply to you, how to “experience The Power of Done”, and what to do if you are auto-assessed (and if not). Hot Tip: For a hassle-free Tax Filing Season 2026, simply rely on our expertise. Millennials and Ge...

Particularly in volatile economic times like these, effective budgeting is a critical driver of business success. This is because a budget enables sustainable growth by aligning financial resources with strategic business goals.  We can assist you to create well-structured budgets that provide a roadmap for navigating the ongoing market ups and downs, while maintaining cashflow and identifying opportunities for investment.  Personal crises, such as bereavement, divorce, illness,...

If you’re a small business owner aged 55 or older, the 2026 Budget contained some very good news. Not only has the CGT exemption on the sale of small business by older persons been increased, but the definition of “small business” has also been expanded.  This could make a big difference to your retirement situation, not to mention the future of your business. Find out here what the new limits and conditions are, and how they might affect the decision and timing of a bus...

Growth feels like progress. Sales increase, staff numbers rise, and profit improves. Yet each of these shifts changes your tax position.  Here we examine how business expansion can trigger VAT obligations, higher provisional tax payments, payroll risk, structural strain, and cash flow pressure. Then we discuss what small business owners should address before growth creates avoidable tax exposure. The recent increases in the compulsory VAT registration threshold to R2.3 million and in...

Taxpayers will enjoy long-awaited tax relief with much good news contained in the 2026 Budget. It scrapped the previously announced R20 billion in tax increases, and instead provides relief for taxpayers, assists small businesses and encourages savings by adjusting various tax brackets, caps and limits.  There is also real optimism about the country’s economic growth prospects. So much so that Budget 2026 has been called a fiscal turning point for SA, as important milestones are ...

The second provisional tax deadline for the 2026 financial year is just days away on 27 February 2026. This is an important and tricky deadline, because this second provisional tax estimate must be quite accurate (within 80–90% of actual taxable income) to avoid SARS’ stiff under-estimation penalty. Find out how we can help you to meet this important deadline with the highest accuracy.Business culture is obsessed with speed. In a world where motion, and constant op...

The start of a new year brings a powerful urge to chase the future. We get excited about new projects, bigger revenue targets, and a fresh start.  But jumping into new resolutions without an honest, data-driven audit of the last twelve months is like building a house without checking the foundations. Before you commit to a single resolution, you must pause and interrogate the year you’ve just completed by asking yourself these five simple questions. Harnessing the New Year&rsqu...

Finding time to relax is difficult in today’s fast-paced business world. Taking leave over the holidays may seem like a luxury, a weakness, or even an impossibility.  In actual fact, rest and relaxation (R&R) over the holiday season is crucial to enhancing your team’s productivity, creativity, and decision-making in the new year.  Find out here why R&R boosts business performance and how to encourage your team to make the most of their annual leave. Helping ...

The end of the year is the perfect time to wrap up loose ends, assess your business's performance, and prepare for a successful year ahead. This checklist is a fantastic start. But consider reaching out to us for a tailored checklist for your unique business needs. We’d love to help you tick all the boxes before the holidays rush in. Trust Tax Season 2025 opened in September and SARS has already issued reminders to trustees that all trusts, including those that are not economically ...

The dramatic rise of SARS eFiling profile hijackings is being investigated by the Tax Ombud as a possible SARS systemic issue due to the number of complaints received from taxpayers regarding this prolific type of cybercrime.  October is Cybersecurity Awareness Month, making it the perfect time to understand how your eFiling profile could be hijacked and what you need to do to stay safe from this potentially financially devastating risk. Many founders believe that sacrificing their o...

There’s only one way to ensure you really have the last word about what happens to your assets – and that is a professionally drawn up and updated will. Read on to find out why it is so important that you have the last word. And learn how we can help you to draft a valid and tax-efficient will – or ensure your current will is up to date.If you want to scale your business, you need to know the numbers. But many entrepreneurs still treat financial roles like interchangeable par...

Accounting isn’t just something to worry about during tax season. It’s the engine room of every decision you make, from whether you can hire, to when you should scale.  Sadly, far too many businesses still cling onto accounting myths that affect every decision they make. These aren’t dramatic mistakes. They’re assumptions picked up over time that feel right but hold you back. It’s time to clear them out – and start seeing your business the way it really...

The Tax Filing Season for the 2024/2025 year of assessment will officially open on 7 July 2025.  Find out here what the deadlines are and which of them apply to you. Also discover what to do if you are auto assessed – and if you are not.  Hot tip: streamline your 2025 tax season by simply relying on our expertise.While most businesses focus on funding or tangible assets, true value often lies in intellectual capital.  A company’s people, ideas, systems, and relatio...

There’s a thin line between tax avoidance, which is legal, and tax evasion, which is a tax crime. Every taxpayer, corporate or individual, has the right and duty to ensure they don’t pay any more tax than what is legally required – but tax evasion can result in hefty penalties and even jail time.  In this article we establish where the line is, and why it is best navigated with the help of your accountant.As a business owner, at some stage you will inevitably be asked to...

Increased funding allocated in Budget 2025 will enable SARS to zoom in on an estimated R800 billion in unpaid taxes in South Africa, including a substantial so-called “tax gap” of uncollected taxes. For taxpayers, this means more scrutiny, enquiries, verifications, and audits – and more stringent debt collection measures.  Here's how we can help you mind the “tax gap” by maintaining complete compliance and taking immediate action if your tax affairs become th...

The proposed VAT increase of 0.5% in 2025 and another 0.5% in 2026 is the big news from Budget Speech 2025. The increase is strongly opposed by political parties within and outside the GNU – but it is only one way in which individual and corporate taxpayers will bear the brunt of another substantial Budget shortfall.     Here’s a brief overview of how the tabled Budget 2025 proposals will impact individuals and businesses (if they come into effect). Professional tax ...

The biggest benefit of small businesses is their adaptability. It’s much easier for a small business to pivot and change course when things are going wrong.  But how do you know it’s time to change direction rather than hold the line or even throw in the towel all together? These six signs, taken together or on their own, might mean it’s time to go a different way.If you don’t agree with an assessment from SARS, swift action and careful management of the dispute pr...

The second provisional tax deadline for the 2025 tax year is just days away (28 February 2025). It’s the trickiest and most important provisional tax deadline of the tax year, because the income estimates on which it’s based must be highly accurate. Estimates that don’t fall within 80 – 90% of your actual taxable income can expose taxpayers to a stiff 20% under-estimation penalty. We can help you to meet this important deadline and ensure that it meets SARS’ strin...

In a world where market conditions and consumer preferences are constantly shifting, many business advisors tell leaders to be agile and adaptable if they want their businesses to succeed. While this can be effective, it’s even better for your business to already be positioned to take advantage of any changes that may occur.  Whatever the size of your business, the right planning and structure can lead to growth. Here are three proactive things you can do that will pay off in the ...

Should your business host year-end functions for staff, clients and suppliers? While there’s no obligation to have an end of year shindig, it may be a long-held tradition in some companies or an expectation among suppliers or clients in certain industries. There are a few business benefits to hosting an event, along with a few cons and tax implications. This article will help you make the right decision for your business. Revenue targets are an essential business tool. They allow leader...