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Deceased Estate Post Death eFiling

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


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A Collective Sigh of Relief After Coronation Case

Ruling on multimillion-rand tax debt brings an end to anxiety and uncertainty in the market.


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NPO vs PBO Compliance Requirements in South Africa

The concepts of NPO and PBO are not interchangeable. An NPO is regulated by the Department of Social...


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Changes for the 2024 Filing Season

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


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Revenue Augmentation: Low Hanging Fruit

In an apparent effort to win the war against non-compliance, it seems SARS has taken to augmenting t...


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eFiling Taxpayer Profile Hijackings on the Increas...

You can be held liable for whatever a hacker manages to siphon from Sars in your name.


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After Registering with the Financial Intelligence...

Registering with the FIC is a crucial step for any accounting firm aiming to combat financial crimes...


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The Tax Faculty Accredited by SAICA to Offer Accou...

The South African Institute of Chartered Accountants on Monday 3 June 2024 announced the accreditati...


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

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


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Why Must My Firm Register as an Accountable Insti...

Money laundering involves manipulating money or property to disguise its true origin. Criminal activ...


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IT3(d) Third Party Data FAQs

IT3(d) onboarding, testing and live submissions will remain open for the duration of the submission...


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Bashing Your Head Against the Wall

Objecting to an assessment issued by SARS often feels like bashing your head against a brick wall. B...


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Binding General Ruling (VAT) 64 Issue 2

Temporary Application of New Dwellings for Exempt Supplies Simultaneously held by Developers for Tax...


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Application of Attribution Rules for Trusts

The application of Section 7 is complex, requiring careful consideration of the trust’s  activities...


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Sponsorships

A company purchases a motorcycle branded with the company’s logo and marketing material to sponsor i...


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ITR 14: Get It Right the First Time!

Prior to the introduction of Tax Administration Act No 28 of 2011 (“TAA”) the role of the tax compli...


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In-need Welfare Donations Within Families

Client A is considering avenues for financial aid for her son, who grapples with mental health chall...


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Output VAT

What are the VAT implications for the client in terms of the insurance settlement?


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ChatGPT and AI for Accountants

ChatGPT – it’s the latest buzzword, and for good reason. This powerful new tool has the potential to...


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Section 7C Loans To Trusts

Trustee A's loan for a primary residence is exempt from Section 7C, but Trustee B's non-primary resi...


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Mandatory Disclosure Rules

The Mandatory Disclosure Rules process has been designed to improve compliance within the Common Rep...


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What is The Tax Faculty's response to Mr. Keith En...

Frequently Asked Questions concerning the disputes between SAIT and The Tax Faculty.


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What is The Tax Faculty’s response to Mr. Engel wi...

Frequently Asked Questions concerning the disputes between SAIT and The Tax Faculty.


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What is The Tax Faculty’s response to Mr. Engel's...

Frequently Asked Questions concerning the disputes between SAIT and The Tax Faculty.


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