Earning your own way through freelance gigs, commission deals, or contract work? Congrats, you’re your own boss. But SARS sees you as more than just independent; it sees you as a taxpayer with very specific obligations. This no-fluff guide breaks down what you need to know, from provisional tax to VAT traps, deductible expenses, and how to avoid getting misclassified (and penalised). If you’re making money outside of a 9-to-5, this is an essential read for you.

Death, Taxes… and Auto-Assessment?

SARS is fast-tracking the future with AI-powered auto-assessments and bold moves toward a blockchain-based tax system. In this punchy commentary, we look at what this means for eFiling, e@syFile, and every taxpayer in between. Think smart contracts, digital tokens, and real-time VAT, all raising the question: are we ready for a tax revolution? Read the full article to see what’s coming, and how to stay ahead.

Think payroll’s just admin? Think again. With SARS turning up the heat on PAYE, one wrong code or missed benefit could cost your clients, and your practice, big time. In this article we break down how to stay compliant, avoid audits, and turn your payroll system into a SARS-proof fortress. This isn’t just tax, it’s survival.

The Global Minimum Tax Act, 2024, has officially been signed into law, marking a major change in how international taxes are handled. This law is based on the OECD/G20 global plan to stop big companies from avoiding taxes by shifting their profits to low-tax countries. Under this new rule, large multinational companies must pay at least a 15% tax rate on the money they earn in every country they operate in. Curious about how it works and what it means for businesses? Read the full article to explore the key mechanisms and their implications for global and local tax practices!

Read crucial updates from the SARS National meeting, including feedback on PBO reporting inconsistencies, beneficial ownership disclosures, and eFiling challenges. Learn about SARS' planned system improvements, clarifications on IT144 exemptions, and enhanced support for resolving practitioner concerns.

As a tax practitioner you may come across clients who earn income abroad, making it imperative to understand how foreign income is taxed. In this article we look into the responsibilities of South African tax residents, and provide practical illustration on how Section 10(1)(o)(ii) of the Income Tax Act is applied to determine the portion of the withholding tax.

VAT rules for business vehicles can be complex. In this article we look at the definition of a 'motor car' and the consequences when claiming input VAT on vehicle purchases, modifications, and maintenance. Read more for practical examples, explanations and guidance on handling VAT adjustments if a vehicle’s purpose shifts from business to private use, ensuring accurate VAT treatment and compliance.

Delve into SARS' new APN requirements reshaping import processes in South Africa. Navigate the complexities, understand its necessity, and explore its potential advantages.

Explore SARS's commitment to the CARF, its implications for the crypto market, and the role of South African Tax Practitioners in this evolving landscape.