In these blogs and in my discussions with clients the topic of cryptocurrencies has been raised on a regular basis. The fact is, whether you think this is a good investment opportunity or not, the South African Revenue Service (SARS) is sharpening its focus and intention to ‘mine’ it for tax revenue – as is within its rights. This is also not a new thing – SARS has been warning us for years.
Tag: SARS
2021 TAX SEASON: When does it start?
The South African Revenue Services (SARS) has announced that taxpayers will be able to file their tax returns from 1 July 2021. Be aware of important dates and what you need to do.
Some musings on the new Tax strategy of SARS
How does a government increase its income without adding new taxes? After all, there are important local elections this year and reassuring the public that you REALLY will do your very utmost ‘bestest best’ NOT to pull the tax noose tighter, the Government needs more money.
SARS EXTENDS FILING SEASON PROVISIONAL TAXPAYER DEADLINE FOR ONLINE FILERS
SARS has taken a decision to extend the Filing Season deadline for provisional taxpayers, which is currently set for 29 January 2021, to 15 February 2021.
Tax, tax breaks and taxing thoughts about becoming older
Your company has a pension scheme – a good one, you are told – and you have savings in the bank. However, people are living much longer these days – generally 30 years past retirement. And life keeps getting more expensive – inflation is outpacing the interest you receive on the savings in your bank account…