Updated 30 September 2024 If you're a regular employee (i.e non-provisional taxpayer), your tax filing deadline is 21 October 2024. But, if you do fall into the provisional taxpayer category, your deadline extends to 20 January 2025. However, it's super important to note that if you...
1 March 2024 to 28 February 2025. If you're completing tax returns for other tax years, different amounts, limits and conditions may apply.Follow the above formulas to calculate your medical aid tax credit, or use our handy Medical Aid Tax Credit Calculator which will do it all for you,...
Apple CEO Tim Cook was surprised by a question about group chats during a recent interview and admitted that he did not know about the feature earlier. As theCEOof the biggest company in the world,ApplebossTim Cookis expected to be a tech savant but during an...
Retirement annuities are tax-smart investments that help you to save for life after your nine-to-five. You generally can’t withdraw these funds before you turn 55, but you may be able to do so if you’ve emigrated from South Africa. What is a retirement annuity? A retirement annuity –...
This is a great way to donate to a good cause, while also reducing your tax bill.4. Join a Medical Aid Scheme If you contribute to a Medical Aid this tax year (i.e. 2023/2024) you will receive a fixed monthly tax credit of R364 for you as the primary member, a further R364 ...
Something as simple as claiming medical expenses or working two jobs can trigger a tax refund, depending on your financial situation. Have a question? Try ourrefund calculator. You may not be able to borrow money.We all need to borrow money sometimes. If you need to take out a mortgage fo...
The old-new Minister of Finance, Pravin Gordhan, was to deliver his budget for the 2016/2017 tax year and save South Africa from a financial pit-fall in the form of an International Ratings Agency downgrade. The jury is still out on whether or not this is possible. Immediately after the...
The 24th of February 2016 was supposed to be a watershed moment for the Economy of South Africa. The old-new Minister of Finance, Pravin Gordhan, was to deliver his budget for the 2016/2017 tax year and save South Africa from a financial pit-fall in the form of an International Ratings...
How to manage your tax affairs running a business in your own name as a sole-proprietor Posted 1 October 2012 South Africa is brimming with entrepreneurs and small business owners who keep the economy running. These people may or may not be earning a regular salary too, but all of them ...
How to manage your tax affairs running a business in your own name as a sole-proprietor Posted 1 October 2012 South Africa is brimming with entrepreneurs and small business owners who keep the economy running. These people may or may not be earning a regular salary too, but all of them ...