by Wayne Smith & Associates | Apr 28, 2022 | Tax
“The employer in collaborating with SARS plays a critical coalition towards adherence and compliance of tax principles and laws.” (SARS External Guide – A Guide to The Employer Reconciliation Process) By law, employers must deduct or withhold employees’ tax from...
by Wayne Smith & Associates | Apr 28, 2022 | Business
“One doesn’t discover new lands without consenting to lose sight, for a very long time, of the shore.” (Andre Gide) All of the largest businesses in the world started small. Apple, Google, and Amazon were all famously founded in garages. Now these giant...
by Wayne Smith & Associates | Apr 28, 2022 | Tax
“What the government gives it must first take away.” (John S. Coleman) It certainly seemed like a win for taxpayers when Finance Minister Enoch Godongwana announced in his February Budget Speech that the corporate income tax (CIT) rate has been reduced from 28% to 27%...
by Wayne Smith & Associates | Apr 28, 2022 | Tax
06 May Monthly Pay-As-You-Earn (PAYE) submissions and payments25 May Value-Added Tax (VAT) manual submissions and payments30 May Excise Duty payments31 May Value-Added Tax (VAT) electronic submissions and payments & CIT Provisional payments where applicable....
