
TGS South Africa News
March 1, 2018
There are only run-of-the-mill deadlines for March. When eFiling you can upload twenty files per day as supporting documentation – these files can be no more than […]
February 26, 2018
There is no such thing as a black list. It simply means that there are negative data on your credit report that is hosted at a […]
February 2, 2018
“Join the slow e-mail movement! Read your mail just twice each day. Recapture your life’s time and relearn to dream.” (Dan Russell, IBM Researcher) We live […]
February 2, 2018
George, the CEO of a company, was driving with his Finance Director, James, to a meeting. George had learned of a recent Tax Court case around […]
February 2, 2018
The cost of tax compliance has recently been in the spotlight as SARS’ revenues have fallen and pressure is mounting on taxpayers to spend even more […]
February 2, 2018
The Minister of Finance makes his Budget Speech on 21 February and would like to hear your tips for the Budget. To submit your suggestions go […]
February 2, 2018
The second provisional tax payment for the 2018 tax year is due by or on 28 February. Taxpayers are required to estimate their total taxable income […]
January 4, 2018
‘How did you go bankrupt?’ Bill asked. ‘Two ways’ Mike said. ‘Gradually and then suddenly.’ (Ernest Hemingway “The Sun also Rises”) Nothing is more demoralising than […]
January 4, 2018
A recent World Bank and Price Waterhouse Coopers survey, amongst other things, ranks companies in 190 countries in terms of time taken to prepare and file […]
January 4, 2018
“A bubble is an economic cycle characterized by rapid escalation of asset prices followed by — a massive selloff.” (Investopedia definition) You come home from […]
January 4, 2018
“This feels like a victory for Britain’s children” (celebrity chef Jamie Oliver commenting on news that a sugary drinks levy will be introduced in the UK […]
January 4, 2018
Provisional taxpayers who use eFiling need to submit their 2017 Income Tax Return on or before 31 January 2018. To protect taxpayers who use eFiling SARS […]
November 29, 2017
“The conductor of an orchestra doesn’t make a sound. He depends, for his power, on his ability to make other people powerful” (Benjamin Zander, Conductor and […]
November 29, 2017
“A situation in which a series of unwelcome or tedious events appear to be recurring in exactly the same way” (Oxford English Dictionary definition of “Groundhog […]
November 29, 2017
The Consumer Protection Act (CPA) exposes you to some harsh remedies if, for example, a consumer suffers harm from a product supplied to him or her. […]
November 29, 2017
The Minister of Finance has announced that the President has agreed to an independent inquiry chaired by a judge to probe why SARS is missing its […]
November 29, 2017
There are no important tax deadlines for December, so let’s look at some potentially great news for taxpayers. Could the “pay now, argue later” principle be […]
October 30, 2017
TV and other media have extensively covered natural disasters recently – fires in Knysna, storms and floods in Gauteng and KZN and then more fires along […]
October 30, 2017
SARS recently issued a draft Tax Bill which proposed taxing South African residents the difference in taxation on offshore income earned. Thus, if 10% tax was […]
October 30, 2017
Since the introduction of double entry bookkeeping in the fifteenth century, it has been widely accepted that profit equates to value. This concept moved to nation […]