Inactive companies are a potential landmine for SARS penalties and interest, especially where tax return remain not submitted. If you registered a company that you longer wish to use, it may be prudent to deregister the company.
Smart Tax Planning for Small Businesses: Managing VAT and Staying Prepared Year-Round Running a small business comes with its fair share of responsibilities, and one of the biggest challenges is
Introduction: Paying taxes can be a complicated process, and even the most diligent taxpayers can make mistakes. Unfortunately, errors on your tax return can result in penalties, delays, audits or
What SARB’s 25bps Interest Rate Cut Means for South African Consumers In a significant move, the South African Reserve Bank (SARB) has cut the repo rate by 25 basis
