SARS RECENTLY published a webpage, Home Office Expenses, providing guy-dance to employees who worked from home and who want to claim home office expenses as a deduction against their income.
WITH A third wave of COVID-19 and the threat of stricter lockdown regulations looming, many South Africans are revisiting their monthly budgets to cut costs.
FILING YOUR annual income tax return has become a lot easier in recent years.
All you need to do nowadays is to open the SARS e-filing web page, log in with your credentials, and request the current year’s tax return.
GROWING UP in the technological boom of the 1980s and early 1990s, and coming of age during the 2008-2009 global financial crisis has given millennials a wholly different approach to saving and investing than their parents and grandparents.
FINANCIAL EMIGRATION is the process used by many South Africans abroad to formalise their non-resident status for both tax and exchange control purposes, and which was amended, as mentioned a year ago in Budget 2020, with effect from 1 March 2021.
THERE ARE many South Africans who have made investments into cryptocurrency, and we see all types of traders and investors on a daily basis. It has announced a new dawn of investment world-wide, and regulators world-wide have been sluggish to respond.
IT IS common for business owners to take out a policy for the purpose of enabling a person to acquire a deceased person’s share in a business.
TURBULET MARKET aside, owning a home has never been more affordable or attractive. Defying the status quo and spurred on by the low interest rates, there’s currently a huge buzz around whether it is cheaper to buy or rent a home.
MONEY MATTERS and finances continue to be a widely talked-about subject. The pandemic has not only been onerous and taxing on everyone’s lives, but it has also created undue financial pressure on households globally.
AS WE approach yet another tax year-end, many South Africans are again thinking about ways to minimise their tax liabilities.
PERSONAL FINANCE is South Africa’s leading monthly investment strategy magazine aimed at individuals who are serious about saving money, securing their financial future, building wealth, and preserving it for future generations.
TAX BREAKS draws from the collective wisdom of the country’s leading tax experts, helping subscribers minimise their tax bills, understand their compliance obligations, structure their affairs in a tax-efficient manner, interact with SARS, and be kept on all the latest tax issues.