‘Burden of proof by taxpayer’ affirmed

‘Burden of proof by taxpayer’ affirmed

‘Burden of proof by taxpayer’ affirmed Court case clearly shows that taxpayers must prove that an amount is not income WHILE IT is entirely within a taxpayer’s rights to contest the outcome of a SARS assessment, doing so requires thorough preparation. This means...
Getting the most from your medical claim

Getting the most from your medical claim

Getting the most from your medical claim SARS provides a surprising amount of relief, specifically for those falling into either of the ‘disabled’ and/or ‘physically impaired’ categories CLAIMING ADDITIONAL medical expenses can be a bit of a nightmare, but this pales...
SARS’ ‘toll fee’ on the road to home ownership

SARS’ ‘toll fee’ on the road to home ownership

SARS’ ‘toll fee’ on the road to home ownership Of all the costs involved in purchasing a home, transfer duty is one of the largest BUYING A property in South Africa involves more than just the purchase price. One of the additional costs that many buyers need to budget...
How to hang yourself in SARS’ noose

How to hang yourself in SARS’ noose

Unless you are a brilliant liar or have an eidetic memory, SARS will get you sooner or later SO, YOU still think that you can get away with cheating on your taxes?  With enough rope, you’ll hang yourself.  Here are some of the ways that your stupidity helps SARS to...
VAT’s going on with rounding differences?

VAT’s going on with rounding differences?

SARS provides a solution for a problem that really shouldn’t exist In South Africa, the 1 cent, 2 cent, and 5 cent coins are no longer minted – but many retailers still follow the time-honoured practice of setting their prices to end in 99 cents.  When cash is...