
TGS South Africa News
August 31, 2018
Published by TGS South Africa at August 31, 2018
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Events have moved swiftly in recent years. One of the largest South African conglomerates, Steinhoff, has virtually collapsed amidst allegations of dubious structures and transactions. Some […]
August 31, 2018
Published by TGS South Africa at August 31, 2018
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There is some confusion over whether to declare your laptops, golf clubs, iPads and other such valuables that you travel out of the country with. The […]
August 31, 2018
Published by TGS South Africa at August 31, 2018
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The third provisional payment for the 2017/2018 tax year is due on or by 28 September 2018. This payment is voluntary and you only need to […]
July 31, 2018
Published by TGS South Africa at July 31, 2018
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For the new tax year changes were made to how we are reimbursed for business travelling expenses. Why did SARS make changes and to which […]
July 31, 2018
Published by TGS South Africa at July 31, 2018
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New management at SARS is trying to rebuild the institution as the world class organisation it once was. Amongst the outcomes it hopes to achieve in […]
July 31, 2018
Published by TGS South Africa at July 31, 2018
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“The question isn’t at what age I want to retire, it’s at what income.” George Foreman There are many things to consider when you retire. […]
July 31, 2018
Published by TGS South Africa at July 31, 2018
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There are strikes seemingly now all the time and usually the dispute is over wage increases and benefits. On the other side of the coin, when […]
July 31, 2018
Published by TGS South Africa at July 31, 2018
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If you are an individual provisional taxpayer your first 2019 provisional payment is due on 31 August. P.S. If South Africa’s various double taxation agreements, information […]
June 28, 2018
Published by TGS South Africa at June 28, 2018
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“The best way to teach your kids about taxes is by eating 30 percent of their ice cream” (Bill Murray) The 2018 tax season for individuals […]
June 28, 2018
Published by TGS South Africa at June 28, 2018
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“Forewarned is forearmed” (Wise old proverb) In the last decade we have witnessed the slow death of the cheque. Today we have Bitcoin, payment apps and […]
June 28, 2018
Published by TGS South Africa at June 28, 2018
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In May this year data the ViewFines website was hacked, exposing a database containing the passwords, cell phone numbers, email addresses and I.D.s of 934,000 South […]
June 28, 2018
Published by TGS South Africa at June 28, 2018
Today getting an SME going is incredibly difficult as they face enormous red tape (FICA, getting loans, VAT registration and so on) and have difficulty getting […]
June 28, 2018
Published by TGS South Africa at June 28, 2018
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There are no major deadlines this month. Just a reminder for those on a car allowance to keep comprehensive logbooks as per SARS requirements of all […]
May 31, 2018
Published by TGS South Africa at May 31, 2018
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Amazon is now regarded as the best company in the world – its market capitalisation is approaching R800 billion and its founder Jeff Bezos is the […]
May 31, 2018
Published by TGS South Africa at May 31, 2018
It has become a global phenomenon measuring Tax Freedom Day, the day up to which you work to pay your taxes – only after Tax Freedom […]
May 31, 2018
Published by TGS South Africa at May 31, 2018
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“All courses of action are risky, so prudence is not in avoiding danger (it’s impossible), but in calculating risk and acting decisively” (Niccolo Machiavelli) We are […]
May 31, 2018
Published by TGS South Africa at May 31, 2018
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The EU’s General Data Protection Regulation (GDPR) became enforceable on the 25th of May. It is regarded as the world’s most comprehensive legislation protecting private data. […]
May 31, 2018
Published by TGS South Africa at May 31, 2018
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The Companies and Intellectual Property Commission (CIPC) will from 1 July 2018 require that all Annual Financial Statements (AFS) submitted to the CIPC be in Extensible […]
May 31, 2018
Published by TGS South Africa at May 31, 2018
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There are only run-of-the-mill deadlines this month. It is worth getting your filing and workpapers ready for your 2018 tax return as filing season opens in […]
April 25, 2018
Published by TGS South Africa at April 25, 2018
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“Never take your eyes off cash flow because it’s the life-blood of business” (Richard Branson) The Companies Act is underpinned by the assumption of liquidity and […]