by Wayne Smith & Associates | Jan 8, 2025 | Tax
“Being tax compliant and ‘paying your fair share’ is not just good for you, but also contributes to the positive growth of our country’s economy which in turn benefits all South Africans.” (SARS) Being tax-compliant is a legal requirement for all South...
by Wayne Smith & Associates | Jan 8, 2025 | Tax
“A goal without a plan is just a wish.” (Antoine De Saint-Exupery, author of The Little Prince) Want to start a business? SARS warns you to be aware of the tax obligations of running a business, whether it’s in the form of a legal entity or in your personal...
by Wayne Smith & Associates | Jan 8, 2025 | Tax
07 January – PAYE submissions and payments. 20 January – End of Filing Season 2024 for Provisional taxpayers & Trusts. 24 January – VAT manual submissions and payments. 30 January – Excise duty payments. 31 January – VAT electronic submissions and payments,...
by Wayne Smith & Associates | Nov 27, 2024 | Business, Tax
“If you can laugh together, you can work together” (Robert Orben) There’s no requirement or obligation for companies to host a year-end party for employees, clients or suppliers. This is true even if there’s a company tradition of an end-of-year bash, or where there...
by Wayne Smith & Associates | Nov 27, 2024 | Tax
“The hardest thing in the world to understand is the income tax.” (Albert Einstein) With an increasing amount of business being conducted online, it’s perfectly possible to live in one country and earn an income in another. If you are conducting services for global...
by Wayne Smith & Associates | Nov 27, 2024 | Tax
06 December – Monthly Pay-As-You-Earn (PAYE) submissions and payments 24 December – Value-Added Tax (VAT) manual submissions and payments 30 December – Excise Duty payments 31 December – Corporate Income Tax (CIT) Provisional Tax payments 31 December...