Budget 2021: Your Tax Tables & Tax Calculator
How much will you be paying in income tax, petrol and sin taxes? Use Fin 24’s four-step Budget Calculator below to find out. Have a look at the tax tables below for the new Individual and Special Trust income tax brackets, and for a convenient reminder of the various other taxes that remain unchanged –
Budget 2021: What It Means to You
“Hope is being able to see that there is light despite all of the darkness.” Archbishop Emeritus Desmond Tutu It was with a sense of trepidation that South Africans awaited the 2021 Budget Speech by Finance Minister Tito Mboweni. Still confronted with all the challenges that existed before COVID-19 – massive debt, lackluster growth, unemployment, […]
Covid-19: What You Need To Know
PAYE, Tax, UIF and Relief Funds SARS In General Deadlines still apply for any returns that are due e.g. EMP201, VAT201, IT14SD etc. But deadlines for objections do not include the lockdown period. If a client cannot pay an existing SARS debt they need to go through the normal channels to enter a payment plan. […]
Tax Clearance Certificates
Without a Tax Clearance Certificate you won’t be able to: Submit any government tender Transfer property Complete BEE verification and certification Get Reserve Bank approvals Be on a supplier database of most companies A Tax Clearance Certificate has become an integral part of doing business in South Africa and one that should be approached proactively […]