SARS extends opening hours for tax season deadlines

Taxpayers worrying about the tax season deadline drawing  ever closer can breathe a sigh of relief, after SARS (South African Revenue Service) announced on Wednesday that it would extends its…

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Read more about the article Employment Tax Incentive helping but needs work
Employment Tax Incentive helping but needs work

Employment Tax Incentive helping but needs work

South Africa's Employment Tax Incentive (ETI) needs some work if it is to serve as a strong weapon in the fight against youth unemployment, says Rob Cooper, tax and legislation…

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Read more about the article South Africa Planning Substantial Tax Relief
South Africa Planning Substantial Tax Relief

South Africa Planning Substantial Tax Relief

The South African Ministry of Finance has launched a public consultation on proposals for a temporary reduction in employer's and employees' contributions to UIF (Unemployment Insurance fund), while their benefits…

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Read more about the article Africa asked to introduce eco taxes, UN
Africa asked to introduce eco taxes, UN

Africa asked to introduce eco taxes, UN

The United Nations has release a new report, Africa's Adaptation Gap. This recommends that African countries begin to introduce environmental levies in order to contribute to global climate change efforts.…

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Read more about the article Securities Transfer Tax
Securities Transfer Tax

Securities Transfer Tax

What is securities transfer tax? Security transfer tax is levied on every transfer of a security . It was implemented from 1 July 2007 under the Securities Transfer Tax Act,…

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Read more about the article Tax Rates 2015
Tax Rates 2015

Tax Rates 2015

On Wednesday, 25 February 2015, South Africans were told to prepare for higher taxes. The government's annual budget indicated a 1% increase in personal income tax. Tax Rates for 2015…

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Tax and starting work

Here is a small, simple but effective guide to how much tax you will have to pay and when exactly. Some explanations will also be given How much tax should…

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