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Individuals Tax News

GAYE Contributions as a Deduction

07 August 2024
Individuals Tax

A South African taxpayer who works abroad, makes contributions towards Give As You Earn (GAYE). SARS...

Auto Assessments - Bank Details

15 July 2024
Individuals Tax

SARS will issue auto-assessments from 1 July 2024 to taxpayers whose tax affairs are less complicate...

2024 Filing Season

12 July 2024
Individuals Tax

It is important to note that there are numerous changes for this year’s filing season as a result of...

Check your Auto-assessment Status and Wait for the...

30 June 2024
Individuals Tax

If you want to know if you are in the auto-assessment population this year, you can check your statu...

Update on Changes for Filing Season 2024

28 June 2024
Individuals Tax

SARS is continuing its journey towards building its vision of a smart, modern organisation with unqu...

2024 Tax Filing Season Kick-off

27 June 2024
Individuals Tax

Get ready for the 2024 tax season with key updates from SARS. Learn about important dates, new featu...

Updated Guides for Filing Season 2024

25 June 2024
Individuals Tax

The Personal Income Tax phase of Filing Season 2024 commences with the issuing of auto-assessments f...

Deceased Estate Post Death eFiling

24 June 2024
Individuals Tax

How do I submit the post-death return on e-filing? ITA 58 of 1962, sections 1, 6, 6A, 6B, 10(1)(i),...

Changes for the 2024 Filing Season

20 June 2024
Individuals Tax

What has changed this year for the Personal Income Tax Filing Season? SARS is continuing its journey...

SARS Tax Filing Season 2024: Understanding Auto-As...

10 June 2024
Individuals Tax

Tax season can be overwhelming, with lots of paperwork, calculations, and the stress of getting ever...

SARS Wants to Have its Cake and Eat it Too

23 April 2024
Individuals Tax

In February 2024, SARS issued a Draft Interpretation Note on the Consequences of an Employer’s Failu...

Employee Share Schemes: South African tax Conside...

02 November 2023
Individuals Tax

Companies frequently establish employee share schemes to motivate and align key staff.

Treatment of livestock at death

18 October 2023
Individuals Tax

Tax implications for livestock in the farmer's and estate's tax returns after the farmer's passing

Sole Proprietor - Micro Business Tax

02 October 2023
Individuals Tax

Sole proprietors projecting a loss in the 2024 tax year.

Analysing Annual Financial Statements: Tax Pitfall...

14 September 2023
Individuals Tax

Analysing Annual Financial Statements: Tax Pitfalls and Opportunities

[FAQ] Tax Tips

04 August 2023
Individuals Tax

[FAQ] Tax Tips

[FAQ] Cancellation Of Tax Directive

03 August 2023
Individuals Tax

Cancellation Of Tax Directive

The facts on expatriate tax and tax emigration in...

21 April 2023
Individuals Tax

The facts on expatriate tax and tax emigration in practice

A different kind of melting pot? Implementation of...

23 March 2023
Individuals Tax

A different kind of melting pot? Implementation of the two-pot retirement system pushed to 2024

SA trusts and non-resident beneficiaries: proposal...

23 March 2023
Individuals Tax

SA trusts and non-resident beneficiaries: proposal to address tax avoidance

Asset-for-share exchanges: Relief where anti-avoid...

22 March 2023
Individuals Tax

Asset-for-share exchanges: Relief where anti-avoidance provisions bite

Review of “qualifying purpose” in the context of t...

22 March 2023
Individuals Tax

Review of “qualifying purpose” in the context of third-party backed shares

The lights are still not on, but someone has final...

22 March 2023
Individuals Tax

The lights are still not on, but someone has finally come home

[FAQ] Section (1)(o)(ii) - director and shareholde...

22 March 2023
Individuals Tax

Section (1)(o)(ii) - director and shareholder of the company

[FAQ] When are losses ringfenced?

08 March 2023
Individuals Tax

When are losses ringfenced?

The repeal of Practice Note 31 and the impact on t...

01 March 2023
Individuals Tax

The repeal of Practice Note 31 and the impact on the deductibility of interest

eFiling registration enhancements for Trusts

01 March 2023
Individuals Tax

eFiling registration enhancements for Trusts

Are you “affected” by the release of SARS’ Interpr...

17 February 2023
Individuals Tax

Are you “affected” by the release of SARS’ Interpretation Note 127?

[FAQ] Taxation of an honorarium

03 February 2023
Individuals Tax

[FAQ] Taxation of an honorarium

The devil is in the detail: When new grounds of ap...

02 February 2023
Individuals Tax

The devil is in the detail: When new grounds of appeal can be raised, and when not

[FAQ] Medical Disability ITR-DD the date of signat...

20 January 2023
Individuals Tax

[FAQ]Medical Disability ITR-DD the date of signature or date diagnosed

[FAQ] Dividends Tax when shares are transferred

20 January 2023
Individuals Tax

[FAQ] Dividends Tax when shares are transferred

[FAQ] Can a sole proprietor be his employee and ha...

20 January 2023
Individuals Tax

[FAQ] Can a sole proprietor be his employee and have a travel allowance?

Anticipated increase in the price of excise duty s...

20 January 2023
Individuals Tax

Anticipated increase in the price of excise duty stamps as the KRA calls for comments on the Draft E...

The unexpected penalties bill from the 2022 tax se...

20 January 2023
Individuals Tax

The unexpected penalties bill from the 2022 tax season: Everybody gets one?

Interpretation Note 10 (Issue 4) – Skills developm...

14 December 2022
Individuals Tax

Interpretation Note 10 (Issue 4) – Skills development levy exemption: Public benefit organisations

Bad-debt Relief for Tax Purposes is Possible witho...

09 December 2022
Individuals Tax

Bad-debt Relief for Tax Purposes is Possible without Legal Proceedings

A thistle in the side of tax policy

08 December 2022
Individuals Tax

A thistle in the side of tax policy

The Voluntary Unclaimed Financial Assets Disclosur...

08 December 2022
Individuals Tax

The Voluntary Unclaimed Financial Assets Disclosure Programme: The waiver of penalties and the tax a...

Crypto regulatory void no more? Impact of FAIS reg...

07 November 2022
Individuals Tax

Crypto regulatory void no more? Impact of FAIS regulation on exchange control and tax rules

Use of preference share proceeds to fund employee...

01 November 2022
Individuals Tax

Use of preference share proceeds to fund employee share ownership plan

National Treasury and SARS refine “two pot” retire...

20 October 2022
Individuals Tax

National Treasury and SARS refine “two pot” retirement proposals in response to feedback

Draft National Tax Policy: Overview and critique

30 September 2022
Individuals Tax

Draft National Tax Policy: Overview and critique

South Africa: 6 Crypto Myths busted!

30 September 2022
Individuals Tax

South Africa: 6 Crypto Myths busted!

Ten things you ought to know about SA’s planned tw...

23 September 2022
Individuals Tax

Ten things you ought to know about SA’s planned two-pot system for retirement savings

Media Advisory: Medium Term Budget Policy Statemen...

13 September 2022
Individuals Tax

Media Advisory: Medium Term Budget Policy Statement Date Confirmed

Tax Directive Software Implementation

13 September 2022
Individuals Tax

Tax Directive Software Implementation

A minefield of taxes lies ahead for crypto asset t...

12 September 2022
Individuals Tax

A minefield of taxes lies ahead for crypto asset transactions

The mining of crypto assets has complex income tax...

12 September 2022
Individuals Tax

The mining of crypto assets has complex income tax and VAT implications.

How do I request a correction?

04 August 2022
Individuals Tax

How do I request a correction?

What do I do if I forgot my eFiling password?

04 August 2022
Individuals Tax

What do I do if I forgot my eFiling password?

How do I update my security contact details on eFi...

04 August 2022
Individuals Tax

How do I update my security contact details on eFiling?

How do I declare additional medical expenses on my...

04 August 2022
Individuals Tax

How do I declare additional medical expenses on my return?

Concession or compromise of a debt

28 July 2022
Individuals Tax

Concession or compromise of a debt

Busting myths about provisional tax

06 July 2022
Individuals Tax

Busting myths about provisional tax

Crypto Assets & Tax: Current Tax Issues

21 June 2022
Individuals Tax

Crypto Assets & Tax: Current Tax Issues

Table 3 – Rates at Which Interest-free or Low Inte...

01 June 2022
Individuals Tax

Table 3 – Rates at Which Interest-free or Low Interest Loans are Subject to Income Tax

Binding Class Ruling: BCR 079 - Cancellation of Sh...

01 June 2022
Individuals Tax

Binding Class Ruling: BCR 079 - Cancellation of Share Exchange

A primary residence used partly for trade

24 May 2022
Individuals Tax

A primary residence used partly for trade

Update on Disputes issue on eFiling

20 May 2022
Individuals Tax

Update on Disputes issue on eFiling

Safeguarding SARS Systems

06 May 2022
Individuals Tax

Safeguarding SARS Systems

SARS Alert - eFiling enhancement

03 May 2022
Individuals Tax

SARS Alert - eFiling enhancement

Travel eLogbook 2022-2023

06 April 2022
Individuals Tax

Travel eLogbook 2022-2023

Employees’ allowances for 2023 year of assessment

06 April 2022
Individuals Tax

Employees’ allowances for 2023 year of assessment

SARS Alert I Income Tax Notices 2022

08 March 2022
Individuals Tax

The Government Notices on this page have been issued in terms of the Income Tax Act, 1962, and have...

Interpretation Note 28 (Issue 3) - Income Tax Act...

04 March 2022
Individuals Tax

Deductions of home office expenses incurred by persons in employment or persons holding an office.

[FAQ] The deduction of travel expenses when no tra...

30 July 2021
Individuals Tax

A taxpayer is receiving two sources of income: a pension and a salary. He does not receive a travel...

Working from home and claiming home office expense...

14 July 2021
Individuals Tax

To answer the questions of who, when and what would qualify for a deduction, the SARS has issued gui...

The tax treatment of crypto asset transactions

14 July 2021
Individuals Tax

Among these are questions surrounding the tax treatment of crypto asset transactions which have incr...

[FAQ] Tax-free investment made on behalf of a mino...

02 July 2021
Individuals Tax

A taxpayer opened a tax-free investment for his 2-year old daughter in her name. Is this declared in...

[FAQ] Medical expenses paid on behalf of an employ...

28 June 2021
Individuals Tax

On compassionate grounds, the employer paid doctor's consultations and tests for an employee, who is...

[FAQ] Section 6B tax credits for an individual tha...

19 April 2021
Individuals Tax

A taxpayer is over 65 years old and is not a member of medical aid/ hospital plan. Can an individual...

[FAQ] Section (10)(1)(o) where medical treatment i...

09 April 2021
Individuals Tax

A taxpayer is on sick leave and receives treatment outside South Africa and is therefore out of the...

[FAQ] The South African tax implications of foreig...

06 April 2021
Individuals Tax

A non-resident (USA resident) has been living with his life partner, who is in South Africa.He is re...

[FAQ] Foreign donations received for missionary wo...

01 April 2021
Individuals Tax

The taxpayer is a South African missionary who receives foreign donations in excess of R2 million a...

[FAQ] Distributions from a Trust when married in c...

25 March 2021
Individuals Tax

A taxpayer is married in community of property. Would the distributions received from a trust (capit...

[FAQ] The applicable exchange rates when competing...

18 March 2021
Individuals Tax

A South African taxpayer works in Mozambique and the salary and benefits he earns are paid in Mozamb...

[FAQ] Tax residency for an individual living in Gu...

09 March 2021
Individuals Tax

A taxpayer left South Africa and moved to Guernsey on 1 March 2020. He has not formally emigrated, b...

[FAQ] The tax treatment of a loan owing to a conne...

25 February 2021
Individuals Tax

A company has an outstanding loan owing to a connected person(an individual). The company is in the...

[FAQ] The distribution of property income between...

19 February 2021
Individuals Tax

A married couple bought a property for the purpose of renting it out together. The husband is on a h...

[FAQ] Exemption of remuneration earned by the crew...

12 February 2021
Individuals Tax

A South African resident is employed by a company to charter guests on an international yacht. Will...

[FAQ] Voluntary severance package & 10% shareholdi...

08 February 2021
Individuals Tax

A taxpayer, who is a director holding 10% shareholding in a company, also received a voluntary sever...

[FAQ] Assets disposed of in foreign currency

03 February 2021
Individuals Tax

If a taxpayer has money overseas and bring it back to South Africa, will he/she be taxed on exchange...

[FAQ] Business travel for a sales representative

26 January 2021
Individuals Tax

A taxpayer operates mainly from her home office as a sales rep where she travels to and from recurri...

[FAQ] Gap cover and medical scheme tax credits

21 January 2021
Individuals Tax

The taxpayer belongs to a medical aid. During 2020 he received refunds from his gap cover. He wants...

[FAQ] Bursaries to a director’s relatives

18 January 2021
Individuals Tax

A taxpayer, who is also a director, employed his daughter to work for the company. Can he offer he...

[FAQ] How to treat finder’s fees in the hands of t...

12 January 2021
Individuals Tax

A company pays an employee a R10 000 “finder’s fee” if the company recruits an individual that was r...

[FAQ] Non-resident and the vesting of equity instr...

10 December 2020
Individuals Tax

A taxpayer was employed by a South African company and subsequently transferred to the company's UK...

[FAQ] Income tax on commission earned

30 November 2020
Individuals Tax

A taxpayer earns an average monthly commission of R30,000 and also has commission related expenses....

[FAQ] Travel allowance on a rented vehicle

27 November 2020
Individuals Tax

A taxpayer received a travel allowance under code 3701. He doesn't own a car but rents a car under a...

Medical aid and retirement annuity payments made o...

24 November 2020
Individuals Tax

A couple is married in community of property. The husband is the main member of the medical aid and...

[FAQ] Capital Gains Tax on a primary residence whe...

23 November 2020
Individuals Tax

Two taxpayers are married out of community of property and their primary residence is registered in...

[FAQ] Research and development not approved by the...

20 November 2020
Individuals Tax

A company does research and development. No approval has been obtained from the Minister of Science...

[FAQ] Right of use of motor vehicle for office and...

12 November 2020
Individuals Tax

The individuals who are not office-bound are not taxed on the use of company vehicles, but the offic...

[FAQ] The ITR12 in the year a taxpayer ceases to b...

11 November 2020
Individuals Tax

The date the individual ceased being a resident of the RSA must be disclosed in the ITR12

The audit process – recent case law and the taxpay...

11 November 2020
Individuals Tax

The recent case of Carte Blanche Marketing CC and Others v Commissioner for the South African Revenu...

[FAQ] Property financed by a taxpayer but register...

10 November 2020
Individuals Tax

A taxpayer purchased a property to renovate and resell. This property was financed by the taxpayer b...

[FAQ] Foreign income and the applicable tax rate

09 November 2020
Individuals Tax

If a taxpayer is working abroad and has received income in excess of R1.25million, what will the tax...

BPR 354 – Cash grants to an employee incentive tru...

01 October 2020
Individuals Tax

While income tax legislation and accounting standards generally operate independently of each other,...

[FAQ] Amounts refunded to employers

28 September 2020
Individuals Tax

A taxpayer was paid a bonus of R525 000. He signed a contract stating that he must meet certain requ...

Broadening the scope of application: tax laws reac...

11 August 2020
Individuals Tax

The use of cryptocurrencies and other crypto assets are becoming increasingly popular, especially in...

Deducting Home Study Expenditure

13 July 2020
Individuals Tax

Many employees will be wanting to deduct, for tax purposes, expenses relating to the use of a part o...

Tax treatment of losses incurred during lockdown

22 June 2020
Individuals Tax

In this alert we take a look at the effect that the national lockdown may have on expenditure or los...

Fowler (Respondent) v Commissioner for Her Majesty...

26 May 2020
Individuals Tax

Mr Martin Fowler is a qualified diver who is resident in the Republic of South Africa. During the 20...

Covid-19 Tax Measures FAQ's

03 April 2020
Individuals Tax

Disaster Management Tax Relief FAQ’s for Employees’ Tax, ETI and Provisional Tax

Provisional Tax Exemption (Paragraph 19 of the Fou...

23 March 2020
Individuals Tax

An additional proviso (ii) to paragraph 19(1)(a) of the Fourth Schedule was inserted to the Act prov...

Foreign Employment Tax Exemption (Section 10(1)(o)...

20 March 2020
Individuals Tax

Remuneration in respect of services rendered outside the Republic for or on behalf of any employer i...

Interpretation Note 113 - Apportionment of surplus...

03 March 2020
Individuals Tax

This Note provides clarity on the tax treatment of the actuarial surplus allocations/distributions m...

Unforeseen tax impact in amendments to articles of...

05 June 2018
Individuals Tax

Authors: Joon Chong & Daniel Kirk-Cohen

Loan funding to offshore trusts: the interaction...

11 July 2018
Individuals Tax

Author: Hannelie La Grange

OECD releases discussion draft on the treaty resid...

01 March 2016
Individuals Tax

Author: OECD

Debt Forgiveness & CGT

02 February 2013
Individuals Tax

Posted by: SAIT Technical

Enjoyment Versus Profit is the Key to Being a Coll...

17 July 2013
Individuals Tax

Author: David Warneke

Primary Residence Exclusion

08 August 2013
Individuals Tax

Author: ENS

SA’s rich ‘likely to bear brunt of expected tax i...

02 February 2015
Individuals Tax

Author: Ntsakisi Maswanganyi

I’m not putting my money into tax-free savings ac...

18 March 2015
Individuals Tax

Author: Matthew Lester

Correction of CGT treatment when a trust grants e...

28 July 2015
Individuals Tax

Author: Dan Foster

Tax Transparency – the Common Reporting Standard:...

17 November 2016
Individuals Tax

Author: BDO South Africa

Vendor beware: capital gains tax on instalment sal...

14 March 2016
Individuals Tax

Author: Ben Strauss

Exchange control – update regarding post SVDP regu...

21 November 2017
Individuals Tax

Author: Louis Botha

Tax consequences of the part waiver of a loan

22 November 2016
Individuals Tax

Authors: Heinrich Louw, Gigi Nyanin & Mark Morgan

Condonation for the late filing of an appeal

24 October 2017
Individuals Tax

Author: Gigi Nyanin

Tax Court pronounces on the capital gains tax rule...

20 March 2017
Individuals Tax

Author: Jerome Brink

When should SARS condone a late appeal?

10 October 2017
Individuals Tax

Author: Nico Theron

Tax consequences of waiver of contractual rights

15 May 2017
Individuals Tax

Author: Ben Strauss

“I missed the SVDP deadline … What do I do now?”

18 September 2017
Individuals Tax

Authors: Louis Botha and others

When proceeds accrue

17 July 2017
Individuals Tax

Author: Heinrich Louw

Immigration, emigration and exchange control: What...

17 July 2017
Individuals Tax

Author: Louis Botha

Bargaining councils offered reprieve over neglecte...

19 December 2019
Individuals Tax

Author: Amanda Visser

What are the tax and exchange control implications...

27 May 2021
Individuals Tax

Authors: Robert Gad and others

The countdown begins for retirement funds to comp...

27 May 2021
Individuals Tax

Authors: Leigh Sedice and Sajeel Bhagwanjee

Buying a house and paying transfer duty – Separate...

19 December 2019
Individuals Tax

Author: Louis Botha

Deductibility of legal expenses

19 December 2019
Individuals Tax

Author: Gigi Nyanin

Fiscal Pressure - Tax hikes are not the solution

19 December 2019
Individuals Tax

Author: Joon Chong and others

Consecutive asset-for-share transactions

19 December 2019
Individuals Tax

Author: Ben Strauss

Tax break for employees on voluntary retrenchment...

19 December 2019
Individuals Tax

Author: Webber Wentzel

Jumping fences: Section 20A of the Income Tax Act...

19 December 2019
Individuals Tax

Authors: Louis Botha and Louise Kotze

PWC Tax Alert: Travel Reimbursements

06 May 2020
Individuals Tax

Authors: Barry Knoetze & Kerry Aylward

Common misconceptions: Tax treatment of directors...

16 July 2020
Individuals Tax

Author: Leani Nortje

E-filing and Submission of Tax Returns

19 December 2019
Individuals Tax

Author: Dr Beric Croome

Revised debt reduction rules

27 May 2021
Individuals Tax

Author: Annalie Pinch

Under the radar: Today one tax rate, tomorrow anot...

06 May 2020
Individuals Tax

Authors: Louis Botha and Heinrich Louw

Tax non-compliance status may be inaccurate

27 May 2021
Individuals Tax

Authors: Joon Chong, Nina Keyser and others

Potential amendments affecting foreign trusts hold...

16 July 2020
Individuals Tax

Author: Joon Chong

Treasury includes cryptocurrency in draft tax leg...

19 December 2019
Individuals Tax

Author: Cliffe Dekker Hofmeyr

Treasury clarifies the clogged-loss rules

19 December 2019
Individuals Tax

Author: Jessica Carr

Far-reaching proposed changes to the taxation of...

27 May 2021
Individuals Tax

Authors: Jenny Klein and Sheryl Kunaka

Reassurance for taxpayers seeking debt relief

19 December 2019
Individuals Tax

Author: Jerome Brink

Cruel accrual? An important judgment for taxpayer...

19 December 2019
Individuals Tax

Authors: Louis Botha and Heinrich Louw

Investing abroad? The foreign investment allowanc...

28 January 2020
Individuals Tax

Author : Louis Botha

South African Tax Court rules in favour of taxpay...

19 December 2019
Individuals Tax

Authors: Mareli Treurnicht and Emil Brincker (Cliffe Dekker Hofmeyr)

South African Tax Court rules in favour of taxpay...

06 May 2020
Individuals Tax

Authors: Mareli Treurnicht and Emil Brincker (Cliffe Dekker Hofmeyr)

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