013 110 5053 | 012 541 0205 Provisional Tax Time: First Payment for 2027 Tax Year Due 31 Aug
“Provisional tax is merely an advance payment of a taxpayer’s normal tax liability.” (SARS) For many taxpayers, it feels as...
“Provisional tax is merely an advance payment of a taxpayer’s normal tax liability.” (SARS) For many taxpayers, it feels as...
“The Power of Done starts with knowing when to act.” (SARS) The 2026 Tax Season officially opens on 13 July...
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 business sale.
The Annual Employer Reconciliation Declaration (EMP501) remains a focus area for SARS. Employers have until the end of May to submit their declarations for the period 1 March 2025 to 28 February 2026. We invite you to rely on our expertise to ensure compliance with this legal requirement, as submitting incorrect or incomplete declarations (or missing the deadline) will cause additional work, penalties, delays and hassles for you and your employees.
The global minimum tax (GMT) – called an “agreement that will really change the world” – will be implemented in South Africa by SARS in 2026/27. While it may not impact your business directly, it should ultimately reduce your share of the tax burden by ensuring all multinational enterprises (MNEs) contribute their fair share of local taxes. SARS is actively preparing and the GMT registration and notification functionality on the eFiling platform went live on 16 March 2026. Find out here why specialist advice will be ever more important for local and global taxpayers in South Africa.