SARS 2024tax seasondates: 15 July 2024 to 21 October 2024: individual (non-provisional) taxpayers 15 July 2024 to 20 January 2025:provisional taxpayers If you earn less than R500 000 in a year, and fulfill a series of complicated criteria, you may not have to file a tax return in 2024...
SARS 2024 tax season dates: 15 July 2024 to 21 October 2024: individual (non-provisional) taxpayers 15 July 2024 to 20 January 2025: provisional taxpayers If you earn less than R500 000 in a year, and fulfill a series of complicated criteria, you may not have to file a tax return in ...
the yearly 401(k) catch-up contribution limit for account owners who are age 60, 61, 62, or 63, will be equal to the greater of $10,000 or 150% of the regular catch-up figure. This change also applies to governmental 457(b) plans, 403(b)s and SARSEPs. For SIMPLEs...
SARS-SCAM-357: An email scam titled “Notification from SARS” on 26 April 2024. Each of these scams uses urgency and authenticity to prompt immediate action, preying on unsuspecting taxpayers. Conclusion Tax scams pose a significant threat to businesses, especially during the fi...
These contributions are either tax-deductible or made with pre-tax dollars, which can save you money when filing season comes around. In the table above, whether or not a certain plan contribution is deductible is stated in the description. The limit differs for different types of plans and ...
Nadine Augustine is the Founder, Accountant and Tax Specialist at Zen Accountants. Her passion is to help grow businesses by using the right tools and solutions and guiding accountants on their path to a modern accounting firm. She has over 10 years of experience in accounting and taxation. She...
Tax Season 2024: opening date and deadlines Written by Nicci Posted 4 June 2024 The 2024 filing season opens this year on Monday, 15 July. Tihs year, the tax season is even shorter than last year (and last year was shorter than the prior year!). This means that SARS are giving yo...
Written by MarcUpdated 10 April 2024 SARS has recently issued a new guide with regards to updating your banking details with them. This was done in order to reduce the risk of refunds being paid into the wrong accounts and also to streamline the process, which has tended to be an onerous...
SARS 2024 tax season dates: 15 July 2024 to 21 October 2024: individual (non-provisional) taxpayers 15 July 2024 to 20 January 2025: provisional taxpayers If you earn less than R500 000 in a year, and fulfill a series of complicated criteria, you may not have to file a tax return in ...
This will happen when you submit your ITR12 to SARS for assessment. Provisional taxpayers also need to submit an ITR12 tax return (just like regular/non-provisional taxpayers), except the due date for this is 23 January the following year (11 months after the tax season closed). ...