by Evolve Audit & Advisory | Apr 24, 2025 | Tax
“In 2025/26, SARS will focus on addressing the tax gap to improve revenue collection.” (National Treasury Budget Review) With additional funding from National Treasury, SARS will now be better positioned than ever to collect the estimated R800 billion in unpaid taxes...
by Evolve Audit & Advisory | Apr 24, 2025 | Tax
07 May – PAYE submissions and payments 23 May – VAT manual submissions and payments 29 May – Excise duty payments 30 May – VAT electronic submissions and payments, & CIT Provisional Tax payments where applicable. Disclaimer: The information provided herein should...
by Evolve Audit & Advisory | Mar 28, 2025 | Business, Economy, Financial, Tax
“… the economy needs to grow much faster and in an inclusive manner. This is the central objective of the current administration.” (Finance Minister Enoch Godongwana – Budget 2025) The tabling of Finance Minister Enoch Godongwana’s fourth Budget in February was marked...
by Evolve Audit & Advisory | Mar 28, 2025 | Tax
Budget 2025, if adopted by Parliament, will effectively bring about an increase in personal income tax by not adjusting the tables for tax rates, rebates and credits, while also implementing substantial increases in ‘sin’ taxes and introducing a 0.5% VAT...
by Evolve Audit & Advisory | Mar 28, 2025 | Tax
“A tax professional is someone who solves a problem you didn’t know you had in a way you don’t understand.” (Carl Ally, adapted from a quote about architects) With tax compliance scrutiny intensifying and SARS increasing its detection...
by Evolve Audit & Advisory | Mar 28, 2025 | Tax
01 April – Start of the 2025/26 Financial Year 07 April – PAYE submissions and payments 25 April – VAT manual submissions and payments 29 April – Excise duty payments 30 April – VAT electronic submissions and payments,...
