SARS tax deadlines

SARS tax deadlines

As a result of the COVID-19 pandemic, tax deadlines have been changed. There are so many dates and elements to consider when figuring out which deadline applies to you, so we have laid them all out easily for you to reference. Tax deadlines for 2022 Non-provisional...
What tax can I deduct for medical expenses?

What tax can I deduct for medical expenses?

When it comes to medical expenses, we can find ourselves paying monthly amounts, large and unexpected lump sums and scheduled payments to medical aids and savings plans. Here is your reference list for which medical expenses are tax deductible, broken down into two...
What tax do I pay for rental income?

What tax do I pay for rental income?

If you receive rental income from a residential property or accommodation that you own, this income will be subject to tax under the category of income tax. The ins and outs of rental income tax are laid out below. What property is considered rental property? Any...
Small Business Corporation Tax Benefits

Small Business Corporation Tax Benefits

And the requirements Small businesses are extremely important to our financial economy and growth. For this reason, SARS has implemented tax benefits for small business corporations, or SBCs. Here are the tax benefits and the requirements you need to meet to qualify...
Documents you need for a provisional tax return

Documents you need for a provisional tax return

Remind me, who is a provisional taxpayer? As explained in the article about provisional and non-provisional taxpayers, a provisional taxpayer is: “A provisional taxpayer is someone who receives any income over and above their normal salary. This could be rental...