TGS South Africa News
May 27, 2022
“The golden rule of all estate planning is: don’t wait.” (Missionwealth.com) Just 20% of South Africans have a valid will (“Last Will and Testament”), resulting in […]
May 27, 2022
“When written in Chinese, the word ‘crisis’ is composed of two characters. One represents danger and the other represents opportunity.” (John F. Kennedy, 35th U.S. President) When […]
May 27, 2022
“What gets measured, gets managed.” (Peter Drucker) Financial reports, such as a balance sheet, income statement, cash flow statement, debtors reports and actual spend vs budget […]
May 26, 2022
“Taxpayer: One who doesn’t have to pass a civil service exam to work for the government” (Anonymous) “Tax Freedom Day” is the first day of the […]
May 26, 2022
7 June – Monthly Pay-As-You-Earn (PAYE) submissions and payments 24 June – Value-Added Tax (VAT) manual submissions and payments 29 June – Excise Duty payments 30 […]
April 26, 2022
“The employer in collaborating with SARS plays a critical coalition towards adherence and compliance of tax principles and laws.” (SARS External Guide – A Guide to […]
April 26, 2022
“One doesn’t discover new lands without consenting to lose sight, for a very long time, of the shore.” (Andre Gide) All of the largest businesses in […]
April 26, 2022
“What the government gives it must first take away.” (John S. Coleman) It certainly seemed like a win for taxpayers when Finance Minister Enoch Godongwana announced […]
April 26, 2022
06 May Monthly Pay-As-You-Earn (PAYE) submissions and payments 25 May Value-Added Tax (VAT) manual submissions and payments 30 May Excise Duty payments 31 May Value-Added Tax (VAT) electronic […]
March 29, 2022
“Since the unemployment rate in the Republic is of concern to Government; and since Government recognises the need to share the costs of expanding job opportunities […]
March 29, 2022
“If you deprive yourself of outsourcing and your competitors do not, you’re putting yourself out of business.” (Lee Kuan Yew, Former Prime Minister of Singapore) Launching […]
March 29, 2022
“Dear IRS, I am writing to you to cancel my subscription. Please remove my name from your mailing list.” (Snoopy) According to some estimates, as many […]
March 29, 2022
“All company bosses want a policy on corporate social responsibility. The positive effect is hard to quantify, but the negative consequences of a disaster are enormous” […]
March 29, 2022
1 April Start of the 2022/23 Financial Year 7 April Monthly Pay-As-You-Earn (PAYE) submissions and payments 25 April Value-Added Tax (VAT) manual submissions and payments 28 April […]
February 25, 2022
“Now is not the time to increase taxes and put the recovery at risk! Accordingly, we have decided to keep money in the pockets of South […]
February 24, 2022
How much will you be paying in income tax, petrol and sin taxes? Use Fin 24’s four-step Budget Calculator here to find out. Have a look at the […]
February 24, 2022
“Tax complexity itself is a kind of tax” (Max Baucus) NOTE: Bear in mind that although many of the resources mentioned below are addressed by SARS […]
February 24, 2022
“Every advantage has its tax.” (Ralph Waldo Emerson) An unfortunate reality for many non-provisional taxpayers with multiple income streams is a large and unexpected tax liability […]
February 24, 2022
7 March Monthly Pay-As-You-Earn (PAYE) submissions and payments 25 March Value-Added Tax (VAT) manual submissions and payments 30 March Excise Duty payments 31 March End of the […]
January 27, 2022
“Any remedy is going to depend on having financial statements that are reliable” (Tom Foley) On the last day of February each year, many companies face […]