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Galbraith Rushby
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’Tis The Season To Be Spending: One In Three Gift-Givers Go Into Debt For Christmas
04 Dec 2024 by Heinrich / No Comments
Even when gifts are taken out of the equation, the cost of enjoying a well-deserved holiday with the family usually leaves families with little or no savings come January.
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Warren Buffett Just Donated $1.1 Billion In Berkshire Stock, And Updated His Will
26 Nov 2024 by Heinrich / No Comments
Buffett has already given away 56.6% of his Berkshire shares after committing in 2006 to give away the majority of his riches.
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Pay Your Dues: The Strange History Of Taxes
25 Apr 2024 by Heinrich / No Comments
Whether we like it or not, society can not function without some sort of tax system in place.
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Banks Are Expecting Interest Rates To Stay Higher For Longer
28 Mar 2024 by Heinrich / No Comments
Although now seems like the perfect time to panic, now is NOT the time to panic.
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Woe Is Us! The 2024 Budget Speech Might Have A Few Bombshells Tomorrow
20 Feb 2024 by Heinrich / No Comments
The 2024 Budget Speech falls right before a national election, which makes it even harder for the minister.
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Taxpayers Are Going To Be “Squeezed Even More”
09 Nov 2023 by Heinrich / No Comments
SARS is going to be using a finer comb from now on…
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Do South African Universities Produce Billionaires?
19 Oct 2023 by Heinrich / No Comments
There are 52 African-born billionaires globally, of whom only 23 still live on African soil.
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South African Startups Are Fueling An African Tech Renaissance
05 Oct 2023 by Heinrich / No Comments
We’ve got both the brains and the attitude to make the 4IR work for us all, we just need to have the right support where it’s needed.
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Survey Shows Many South Africans Simply Don’t Know What To Do About Their Finances
14 Sep 2023 by Heinrich / No Comments
A key finding in the survey is that a large portion of South Africans are disappointed with their financial circumstances, and yet feel like they do not have the knowledge to tackle these issues effectively.
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Local Firm Goes Big Time With Exciting New Merger
28 Aug 2023 by Heinrich / No Comments
The changing legislative landscape in the fields of company law, tax law and financial reporting standards have made it essential for modern firms to evolve, and as the world becomes more complex and integrated, the days of the sole practitioners and the small accounting and audit firms are limited.
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Being Among The Richest 1% In South Africa Comes With A Price
17 Jul 2023 by Tayla / No Comments
In order to join the top 1% of the wealthiest South Africans, you need to make almost six times more than the average earner. But that doesn’t mean life is all rainbows and butterflies.
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2023 Tax Season Has Arrived – Everything You Need To Know In Order To Comply With SARS
14 Jul 2023 by Tayla / No Comments
Tax. The word alone sends shivers down your spine, never mind the discomfort you might feel spending just one day queuing at your nearest SARS branch.
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Don’t Fear Your Credit Score, It Can Be A Powerful Financial Tool
30 May 2023 by Heinrich / No Comments
Living debt-free sounds like the answer, but if you ever need more money than your piggy bank holds, you’re going to need to use someone else’s cash, and that is where a credit score can be your secret weapon.
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Make Sure You’re Maxing Out These Tax Benefits Before The End Of The Year
28 Nov 2022 by Jasmine Stone / No Comments
The tax year runs until the end of February 2023, which means there is still a bit of time to make sure you’re maxing out your tax benefits before the end of the 2022/2023 period.
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SARS One, Christo Wiese Zero
07 Nov 2022 by Jasmine Stone / No Comments
The battle between SARS and Wiese is very far from over. However, the first-round win must be awarded to SARS after a ruling handed down by the Western Cape High Court.
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Work Abroad? Dealing With SARS Just Became A Whole Lot Harder
13 Oct 2022 by Jasmine Stone / No Comments
Being paid in pounds or Euros or dollars and getting to spend them in South Africa is the dream. Dealing with SARS, on the other hand, can be a nightmare.
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Becoming A Digital Nomad Does Have Some Tricky Tax Implications
26 Sep 2022 by Tayla / No Comments
Deciding to live location independent to pursue a career that supports the island-hopping, “working near the waves” lifestyle does come with a few considerations and some irritating admin.
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Watch Out For The Latest Scam SARS Emails
15 Aug 2022 by Jasmine Stone / No Comments
SARS generally issues warnings about scams as tax season kicks into gear and this year is no different.
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Important Update About SARS Auto-Assessments And Your Refund Delay
11 Jul 2022 by Jasmine Stone / No Comments
Social media is full of South Africans wondering (pleading) where their refunds are, having been quick of out the blocks come July 1.
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Where SA’s Millionaires Are Emigrating To
15 Jun 2022 by Jasmine Stone / No Comments
Over the past decade, in excess of 4 500 high-net-worth individuals (HNWIs) have left South Africa and headed abroad.
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Taxpayers Leaving SA Are Getting Hit With SARS Rejection Letters
26 May 2022 by Jasmine Stone / No Comments
Deciding to emigrate isn’t as simple as selling your house and booking a flight abroad, of course, and that’s especially true when it comes to dealing with SARS.
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Posting On Social Media Can Land You In Hot Water With SARS
06 Apr 2022 by Jasmine Stone / No Comments
If you live in South Africa and your social media feeds show luxury assets, you better hope you have the payslips to justify that high life.
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SARS Has Really Been Sharpening Its Tools
24 Mar 2022 by Jasmine Stone / No Comments
SARS Commissioner Edward Kieswetter has made it clear that tax rogues are in the crosshairs, and recent action backs that up.
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Keep An Eye Out For These Potential Tax Hikes
10 Feb 2022 by Jasmine Stone / No Comments
Estimates on the cost of permanently increasing the Basic Income Grant vary wildly, with one study ranging between R160 billion and R520 billion annually.
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Don’t Forget About That January 31 Tax Deadline
25 Jan 2022 by Jasmine Stone / No Comments
Let me first ease your blood pressure by saying that January 31 is the deadline for provisional taxpayers, including trusts and companies.
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Good Luck Trying To Claim Home Office Expenses From SARS
03 Dec 2021 by Jasmine Stone / No Comments
According to one recent estimate, as many as 85% of working from home tax deduction claims submitted by individual taxpayers are being rejected by SARS.
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It’s Gone Rather Quiet On The ‘Exit Tax’ Front
10 Nov 2021 by Jasmine Stone / No Comments
The change would have a serious impact on those whose retirement plans involve moving abroad, so it’s being closely monitored.
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SARS Brings Out The Big Guns To Nab SA’s Wealthiest
20 Oct 2021 by Jasmine Stone / No Comments
In May, SARS announced it was forming an HWI unit, aimed at improving compliance amongst the country’s wealthiest citizens.
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There’s A Fine Line Between Tax Avoidance And Tax Evasion
16 Sep 2021 by Jasmine Stone / No Comments
Fail to pay your taxes, and SARS will come knocking, with a number of new initiatives targeting everyone from businesses through to wealthy South Africans.
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Thinking Of Emigrating? Watch Out For That ‘Exit Tax’
16 Aug 2021 by Jasmine Stone / No Comments
The National Treasury has now proposed a further tax on South Africans who intend to emigrate permanently.
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2oceansvibe Partners
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