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Penalties From Sars

  • Avoid these seven tax traps when you prepare for a tax audit
  • As FastJet airline can tell you, a tax audit is no joke. The amount of tax FastJet has to pay Tanzanian authorities almost doubled when interest and fines were added to the outstanding taxes. . Here in South Africa, it's no longer a question of whether or not a business will be subject to an on-site tax audit; it's a matter of when. If your business is facing a tax audit, there are seven '... ››› more
  • [03 January 2017]
  • How to avoid capital gains tax errors by disposing of your assets at the right time
  • Did you know that capital gains tax is triggered at the time you dispose of you assets? Today I'm going to share a secret with you about the disposal of your assets. All too often people dispose of their assets at the wrong time, which could lead to a 200% penalty from SARS. Did you know you can avoid this from happening to you by simply taking note of the disposal timing rules? Let me... ››› more
  • [13 December 2016]

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