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,...
by Evolve Audit & Advisory | Feb 26, 2025 | Tax
“When taxpayers are aggrieved by an assessment or a decision that is subject to objection and appeal, they have a right to dispute it.” (SARS) As a taxpayer in South Africa, you have the right to dispute tax assessments, if you have valid reason to disagree with SARS...
by Evolve Audit & Advisory | Feb 26, 2025 | Tax
07 March – PAYE submissions and payments 25 March – VAT manual submissions and payments 28 March – Excise duty payments 31 March – End of the 2023/24 Financial year, VAT electronic submissions and payments, & CIT Provisional Tax payments where applicable....
by Evolve Audit & Advisory | Jan 29, 2025 | Tax
“Death, taxes, and childbirth! There’s never any convenient time for any of them.” (Margaret Mitchell) What is provisional tax? Provisional tax allows corporate and individual provisional taxpayers to pay their annual income tax in advance by making two or three...
