TIPS FOR SMALL BUSINESSES TO SURVIVE YEAR-END
TIPS FOR SMALL BUSINESSES TO SURVIVE YEAR-END Financial year-end can be a highly stressful time for most businesses. When one considers everything that needs to get done, including compiling financial year-end reports, reviewing and analysing business trends, and strategic planning for the year ahead, it’s difficult not to feel overwhelmed. Small business owners, who tend […]
SARS PRINTED TAX CLEARANCE CERTIFICATE WILL NO LONGER BE AVAILABLE
SARS recently distributed a notification announcing the following: The issuing of the printed Tax Clearance Certificate (TCC) will be terminated after 25 October 2019, as we are implementing a more secure and electronic Tax Compliance Status (TCS) system. Since the implementation of the TCS system in 2015, we advised taxpayers that our goal was to […]
SARS LIFTS TAX RETURN THRESHOLD FROM R350 000 TO R500 000
SARS LIFTS TAX RETURN THRESHOLD FROM R350 000 TO R500 000 SARS recently announced that the threshold for submitting tax returns for salary earners be increased to R500 000. We however are of opinion that it is still advisable to submit your tax return annually to avoid administrative penalties or a future request for submission of […]