Managers of Wealth Africa

SARS has a new WhatsApp weapon to come after taxpayers

“Taxpayers should no longer assume that SARS communicates solely through these methods,” Tax Consulting SA said.

New tax year triggers surge in two-pot claims

Volume of repeat withdrawals raises concerns, says Old Mutual.

Huge changes to VAT laws in South Africa

The high court then heard an urgent application by the DA and the EFF to set aside the adoption of the Fiscal Framework by the National Assembly and the National Council of Provinces.

Bad news for taxpayers in South Africa, and South Africa’s R35 billion waterfront ‘city’ mess

Analysts noted that the drop in commodity prices could significantly affect the Johannesburg bourse

Taxpayers’ wallets not enough to cover public servants’ paycheques

Eight million taxpayers bankroll 1.3m public servants while services collapse …

SARS has a new weapon to come after taxpayers hard

Put simply, financial institutions around the world will exchange taxpayer information to ensure everyone pays the right amount of tax.

Tax-free limit increased to R46,000 per year in South Africa

This allowed the government to withdraw some of its proposed tax increases without risking fiscal sustainability or economic activity.

Good news about salaries in 2026 – with tax relief on the cards

The increase in salaries stems from the gradual improvement in economic activity and the economy’s resilience despite several challenges.

The VAT increase businesses are begging for in South Africa

The VAT registration threshold has been stagnant at R1 million for 16 years. R1 million in 2009 is worth around R2.2 million today, adjusted for inflation.

GRA mobilizes over GH¢130b tax revenue in 2025 – Commissioner

That is equivalent to 1.8 per cent below the 2025 revenue target of GH¢132.8 billion representing a projected growth of 27.2 per cent.

New standard for Sars in suspension-of-payment disputes

High court ruling reins in the revenue service’s ‘reflexive no’ to suspension requests.

VAT increases are coming to South Africa

The 2025 National Budget faced unprecedented delays after the initial budget in February 2025 included a two percentage-point increase in the VAT rate to 17%.

Final warning for South Africans who want to pay less tax

Makalima noted that the final weeks before the tax year closes present a valuable opportunity to make financial decisions that immediately reduce your tax bill while strengthening long-term wealth.

Calls to change R500,000 tax-free limit in South Africa

The annual contribution limits have been adjusted over time, increasing from R30,000 per year to R33,000 in 2019 and R36,000 in 2021.

SARS is coming after these taxpayers hard next month

This means that disposals, conversions, transfers and account identifiers are no longer fragmented pieces of information.

Tax Havens: Mirage or Threat for African Economies?

Listing criteria keep changing, enforcement powers remain weak, and some highly advantageous tax jurisdictions still avoid being blacklisted.

GUTA clashes with GRA over new 20% VAT regime

Mr Boateng urged traders not to surrender their old VAT booklets until an amicable resolution is reached.

South Africa: Controversial Eskom tariff increase approved after Nersa's recalculations

Eskom's prices will now rise 8.76% in April this year, and 8.83% in April 2027 instead of 5.36% and 6.19%, regulator Nersa said in a statement

New banking and tax rules impact receiving and remittance of rental income for foreign property owners in South Africa

Many bona fide non-resident clients have recently been advised by their banks that rental income cannot be cleared

SARS gives final warning to taxpayers

The revenue service said that all trusts, whether economically active or passive, are required to submit annual income tax returns.