Monthly Archives: April 2017

EMPLOYER ANNUAL RECONCILIATION

The Employer Annual Reconciliation starts on 18 April 2017 and employers have until 31 May 2017 to submit their Annual Reconciliation Declarations (EMP501) for the period 1 March 2016 to 28 February 2017 in respect of the Monthly Employer Declarations … Continue reading

Posted in Tax | Tagged , , | Comments Off on EMPLOYER ANNUAL RECONCILIATION

DONATIONS AND TAX

The aim of this article is to alert individuals to donations tax considerations over and above the utilisation of the full R100,000 annual exemption which will inevitably be used to a great degree now that section 7C has been introduced. … Continue reading

Posted in Tax | Tagged , , | Comments Off on DONATIONS AND TAX

INTEREST FREE LOANS WITH COMPANIES

The latest annual nation budget presented in Parliament proposed the dividends tax rate to be increased with almost immediate effect from 15% to 20%. The increased rate brings into renewed focus what anti-avoidance measures exist in the Income Tax Act[1] … Continue reading

Posted in Finance | Tagged , , | Comments Off on INTEREST FREE LOANS WITH COMPANIES

ENSURE SUFFICIENT CASH IS AVAILABLE TO AVOID SALE OF ASSETS IN YOUR ESTATE

JOHANNESBURG – The death of a spouse, friend or relative is often an emotional time even before estate matters are addressed. And truth be told, death can be an expensive and cumbersome affair, particularly if estate planning was neglected, the … Continue reading

Posted in Estate Planning | Tagged , , | Comments Off on ENSURE SUFFICIENT CASH IS AVAILABLE TO AVOID SALE OF ASSETS IN YOUR ESTATE