Every time your business sells, donates or scraps an asset, for gain, SARS takes some of your money as capital gains tax. And this chunk gets bigger every year.
In 2015 if you sold an asset you would have paid 18.65% tax on it.
In 2017, the current tax year, you stand to pay 22.4%.
That's a 3.75% increase in just one year.
Let me put that into perspective for you and show you a way to ... ››› more
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