Taxation and all related matters
Where your estate is likely to be valued at more than R30m, the rate of duty that will be levied has increased from 20% to 25%. This provides an additional incentive to migrate assets from personal ownership to family trusts. […]
The big news that affects us all is the increase in the rate of VAT from 14% to 15% on 1 April 2018. This will require some changes both to thinking and software – from accounting packages and spreadsheets to e-commerce systems that auto invoice. […]
As tax practitioners we often receive phone calls from people who think they have called SARS. While it is gratifying to know that our details occasionally come up ahead of SARS on searches, it presents us with both a challenge and an opportunity. […]
“Those boxes at the back of the garage marked Accounting Records: ABC CC 2005…can I throw them away?”
How long do you need to keep those dust filed, moth eaten records that one has ever or will ever look at?
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