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,...
TFSA contribution limit increase

TFSA contribution limit increase

How to make the most of the additional annual contribution allowance WE WELCOME the Finance Minister’s proposal to increase the annual Tax-Free Savings Accounts (TFSA) contribution limit from R36 000 to R46 000.  This long-awaited adjustment, the first in six years,...
Death and estate taxes

Death and estate taxes

The one is unavoidable; the other can (sometimes) be mitigated ESTATE DUTY is one of those taxes that many people know about in theory, but very few actively plan for.  It only becomes ‘real’ when a loved one passes away and the estate is wound up – often revealing...