5 April 2024 Deadline for Monthly Pay-As-You-Earn (PAYE) submissions and payments 29 April 2024 Due date for Excise Duty payments 30 April 2024 Deadline for electronic submissions and payments of Value-Added Tax (VAT) 30 April 2024 Company Income Tax and Provisional payments (if applicable) for companies with an April year-end
27
Mar
Mar
7 March 2024 Monthly Pay-As-You-Earn (PAYE) submissions and payments 25 March 2024 VAT manual submissions and payments 27 March 2024 Excise duty payments 28 March 2024 End of the 2023/24 Financial year, Value-Added Tax (VAT) electronic submissions and payments, & CIT Provisional payments where applicable
25
Mar
Mar
If you are like the vast majority of companies out there, you are neglecting employee training and it’s going to cost your business. This is the warning coming out of the Harvard Business review which reported that one of the main reasons top talent leaves an organisation is that they feel their career development is […]
11
Mar
Mar
Budget 2024 effectively brought an increase in personal income tax by not adjusting the tables for tax rates, rebates and medical tax credits, while also implementing substantial increases in ‘sin’ taxes and introducing a proposed global tax on multinational companies. This selection of official SARS Tax Tables and other useful resources will help clarify your […]
04
Mar
Mar
There were few surprises and little in the form of good news in Budget Speech 2024. Although there were no major tax proposals and no major tax rate hikes announced, individual taxpayers will bear the brunt of a R15 billion Budget shortfall, while multinational corporations will pay a global minimum corporate tax, and plans are […]
01
Mar
Mar
7 March 2024 Submission and payment deadline for Monthly Pay-As-You-Earn (PAYE) 25 March 2024 Due date for Excise Duty payments 27 March 2024 Deadline for electronic submissions and payments of Value-Added Tax (VAT) 28 March 2024 Company Income Tax and Provisional payments
05
Feb
Feb
Especially for taxpayers required to make provisional tax payments on income as both individuals and as owners of companies, it may seem that a provisional or final income tax deadline lurks around every corner, with the next and crucial second payment deadline for most companies and individuals just a few short weeks away on 29 […]
05
Feb
Feb
7 February Submission and payment deadline for Monthly Pay-As-You-Earn (PAYE) 28 February Due date for Excise Duty payments 29 February Deadline for electronic submissions and payments of Value-Added Tax (VAT) 29 February Company Income Tax and Provisional payments (if applicable) for companies with a February year-end
05
Feb
Feb
28 February 2024 Provisional taxpayers’ submission and payments due where applicable ( tax period ending 28 February 2024)
30
Jan
Jan
The South African Reserve Bank recently held interest rates for the third time in a row, keeping the repo rate at 8.25%, with the prime lending rate at 11.75%. The rates therefore remain high and show no signs of coming down. High interest rates can affect almost every aspect of your business, from sales to […]