Author Archives: StrachanCrouse

OMHEINING VAN VERLIESE (ARTIKEL 20A) VIR NATUURLIKE PERSONE

Artikel 20A het met ingang van 1 Maart 2004 in werking getree. Hierdie artikel handel oor die omheiningsbepalings wat verhoed dat natuurlike persone hul belasbare inkomste verminder deur verliese uit sekondêre handel te gebruik. Artikel 20A vervang altans nie artikels … Continue reading

Posted in Finance | Tagged , , | Comments Off on OMHEINING VAN VERLIESE (ARTIKEL 20A) VIR NATUURLIKE PERSONE

TAX SEASON 2018 FOR INDIVIDUALS

The 2018 Tax Season for Individuals opens on 1 July 2018 for e-Filers What are the deadlines? The deadline for non-provisional taxpayers has been brought forward to allow more time for finalising audits before the year ends: Type of Taxpayer … Continue reading

Posted in Tax | Tagged , , | Comments Off on TAX SEASON 2018 FOR INDIVIDUALS

PROPERLY EXECUTING A WILL IS EXTREMELY IMPORTANT

I gave instructions to my attorney to prepare a last will and testament for me as my will no longer reflected my wishes. At my request, my attorney emailed the will to me with clear instructions as to how I … Continue reading

Posted in Will | Tagged , , | Comments Off on PROPERLY EXECUTING A WILL IS EXTREMELY IMPORTANT

TAX DEDUCTIONS AGAINST SALARY EARNINGS

Our clients who earn only a salary will know that very few tax deductions are available against salary income for income tax purposes and whereby they may reduce the taxable income derived ultimately from such remunerations. Section 23(m) of the … Continue reading

Posted in Tax | Tagged , , | Comments Off on TAX DEDUCTIONS AGAINST SALARY EARNINGS

ADDISIONELE MEDIESE KORTING VIR ’N INDIVIDU:
WANNEER KAN EK MEDIESE UITGAWES UIT DIE SAK BETAAL AS ’N EIS INDIEN?

Addisioneel tot die Artikel 6A mediese belastingkrediet is daar ook krediet beskikbaar vir individue (belastingpligtiges) wat mediese uitgawes self uit die sak uit betaal in terme van Artikel 6B van die Inkomstebelastingwet. Die addisionele mediese uitgawes belastingkrediet kan deur die … Continue reading

Posted in Tax | Tagged , , | Comments Off on ADDISIONELE MEDIESE KORTING VIR ’N INDIVIDU:
WANNEER KAN EK MEDIESE UITGAWES UIT DIE SAK BETAAL AS ’N EIS INDIEN?

BELASTINGSKULD EN AFBETALINGSOOREENKOMSTE

Om by iemand in die rooi te wees is vir meeste ’n onaangename ervaring, veral as die skuldeiser die Suid-Afrikaanse Inkomstediens (die SAID) is. Omstandighede lei egter soms na gevalle waar ’n belastingpligtige agter raak met bedrae wat aan die … Continue reading

Posted in Tax | Tagged , , | Comments Off on BELASTINGSKULD EN AFBETALINGSOOREENKOMSTE

SECTIONAL TITLES: WHAT IS THE ROLE OF THE BODY CORPORATE?

When it comes to sectional title schemes, there is still widespread misunderstanding of even the basics, starting with the body corporate and how it is established, as well as what its functions and powers are. This misunderstanding often gives rise … Continue reading

Posted in Property | Tagged , , | Comments Off on SECTIONAL TITLES: WHAT IS THE ROLE OF THE BODY CORPORATE?

BUYING OUT SHAREHOLDERS

We are often approached by clients to advise on the most tax efficient manner in which a shareholder can sell an investment in a private company. Typically, the parties involve a majority shareholder of a company that is interested in … Continue reading

Posted in Business | Tagged , , | Comments Off on BUYING OUT SHAREHOLDERS

IS U TESTAMENT OP DATUM?

Ons vra en beantwoord ‘n paar basiese vrae ten opsigte van die opstel van ‘n Testament. V: Wie behoort ‘n Testament te hê? A: Alle persone 16 jaar en ouer wat bates besit en wat bekwaam is om hul aksies … Continue reading

Posted in Trusts | Tagged , , | Comments Off on IS U TESTAMENT OP DATUM?

FRINGE BENEFITS PROVIDED TO EMPLOYEES

The Seventh Schedule to the Income Tax Act[1] lists various benefits that employers may grant to employees which will attract income tax for the employee,[2] and require the employer to also withhold PAYE on the amount of the benefit granted.[3] … Continue reading

Posted in Employer | Tagged , , | Comments Off on FRINGE BENEFITS PROVIDED TO EMPLOYEES