by Evolve Audit & Advisory | Jan 30, 2023 | Tax
“Without a logbook, you will not be able to claim a travel deduction.” (SARS Travel Logbook 2022/23) Even while recovering from the economic impact of COVID and facing the challenges of power blackouts, businesses and their employees are also contending with the costs...
by Evolve Audit & Advisory | Jan 30, 2023 | Tax
“People who complain about taxes can be divided into two classes: men and women.” (Unknown) The assessed loss rules have always allowed companies to deduct from their taxable income each year any assessed losses from previous years. The remaining assessed...
by Evolve Audit & Advisory | Jan 30, 2023 | Economy, Tax
“Finally, we pay tribute to the millions of South Africans, whose resilience and courage during these times of pandemic and economic hardship, is an inspiration to all of us who have the privilege to serve in the public sector.” (From the 2022 Budget Speech) Finance...
by Evolve Audit & Advisory | Jan 30, 2023 | Tax
7 February – Monthly Pay-As-You-Earn (PAYE) submissions and payments 27 February – Excise Duty payments 28 February – Value-Added Tax (VAT) electronic submissions and payments & CIT Provisional payments where applicable. Disclaimer: The...
by Evolve Audit & Advisory | Jan 4, 2023 | Tax
“Being tax compliant… 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) Businesses are often required to provide, confirm or share tax clearance information to another...
by Evolve Audit & Advisory | Jan 4, 2023 | Tax
6 January – Monthly Pay-As-You-Earn (PAYE) submissions and payments 30 January – Excise Duty payments 31 January – Value-Added Tax (VAT) electronic submissions and payments & CIT Provisional payments where applicable. Disclaimer: The...