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Tax

08/21/2025

Why Q3 is the smartest time to tackle tax debt in South Africa?

But acting now, rather than later, can give you a financial and legal advantage that is difficult to replicate in other periods.

08/20/2025

SARS announces more tax return changes for 2025

SARS has now implemented an “interim solution” to activate this part of the tax return, introduced via the SARS Online Query System.

08/19/2025

Treasury shuts door on ‘honest mistakes’ as tax penalty rules tighten

Treasury publishes proposals to tighten tax laws

08/19/2025

SARS is coming after these retirement funds with new laws

This will impact any South Africans who have worked abroad and accumulated foreign retirement funds, or foreign nationals who have become tax resident in South Africa.

08/14/2025

A marked improvement in VAT revenue

As expected, domestic VAT, up 46% y/y to NGN917bn

08/11/2025

South Africa's richest woman Magda Wierzycka considers returning due to UK tax changes

Wierzycka has said that these policies could force her to relocate back to South Africa.

08/04/2025

US tariffs cost South African company R750 million

The US has implemented 30% tariffs on products from certain countries, including South Africa

08/01/2025

Improved taxation systems key to reducing Libya’s dependence on oil revenues

The training aimed to enhance the Libyan tax authority’s practical knowledge of international best practices in e-taxation and strengthen their ability to set an efficient e-taxation system.

07/30/2025

SARS extends tax breaks for major developments in Cape Town

However, a recent announcement by the Finance Minister has extended this to March 2030.

07/29/2025

SARS announces changes for non-resident taxpayers

The taxpayer’s information will be stored and used in the subsequent year of assessment unless the taxpayer’s circumstances have changed subsequently, SARS said.

07/23/2025

Important two-pot tax laws passed in South Africa

The National Treasury has also noted that further changes to the laws will be coming in future cycles, which could have more significant changes.

07/23/2025

Eskom ‘triple tax’ hits South Africa

The country still has to suffer through blackouts, higher prices and new, inescapable and unaffordable fees.

07/21/2025

SABC’s plan to profit from VAT, and Eskom’s ‘secret’ R70 billion contract

The rand was trading at 17.7050 against the U.S. dollar, up approximately 0.6% from Thursday’s close.

07/18/2025

SARS announces eFiling change for tax season 2025

As a result, SARS’ systems experienced larger-than-expected traffic volumes, causing the eFiling system to glitch out.

07/11/2025

Important SARS auto assessment notice for taxpayers in South Africa

In previous years, some auto-assessed taxpayers who did not agree with their assessment waited until the manual filing season to open before making corrections.

07/09/2025

Kieswetter kissing R28 billion a year goodbye

That’s almost three times as many as seen in 2022, meaning foregone taxes in a cash-strapped country that can ill afford to lose that revenue.

07/09/2025

Tax return warning for anyone earning more than R500,000 a year

This includes any individuals who have capital gains, foreign income, or receive dividends not subject to automatic withholding tax.

07/08/2025

Trump imposes 30% tariffs on all SA goods

As of 1 August, but ‘separate from all sectoral tariffs’.

07/08/2025

SARS apologises for downtime and glitches on tax day

Adding to the frustrations, tax practitioners were also unable to process income tax filing and EMP201 declarations due to the system overloads.

07/07/2025

Godongwana warns about a wealth or ‘apartheid redress’ tax in South Africa

He also warned that any move to increase these taxes or to introduce the ones being called for would cost the economy billions.

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