No bank, no bucks

No bank, no bucks

SARS refunds stalled for many South African expats “YOUR INCOME tax refund is on hold because your banking details on SARS records are invalid.” This is hardly the message one hopes to receive from SARS once you’ve finally got your return submitted. Yet, this scenario...
What a difference a year makes!

What a difference a year makes!

Godongwana’s 2026 Budget balances middle-class relief with fiscal reality AFTER LAST year’s “third-time lucky” Budget, many predicted doom and gloom this year.  There was talk of the need for an additional R20 billion of tax hikes – whether in the form of the...
RA vs TFSA: Advantage, TFSA?

RA vs TFSA: Advantage, TFSA?

Understanding the value of a Tax-Free Savings Account IN HIS Budget Speech, the Minister of Finance announced an increase in the annual Tax-Free Savings Account (TFSA) contribution limit from R36 000 to R46 000 – the most significant boost to this allowance in years,...