Insights

Understanding Different Taxpayers

Natural persons, legal persons, and arrangements defined as persons IntroductionUnderstanding different taxpayers is fundamental to proper tax compliance. In the South African tax framework, a...

Capital is not always the problem

Why financial understanding and internal controls determine the success or failure of SMEs Rethinking SME failureMany people attribute SME failure to a lack of capital. While funding constraints...

Understanding Stokvels: Are you Saving or Investing?

Understanding Stokvels: Saving or Investing – Know Your Goal As the year begins, many individuals and families review their financial plans and look for practical, community-based ways to manage...

The Struggle begins: Balance vs Available Balance

As we head into the festive season the temptations to “just swipe one more time” are at their peak. It’s important to understand one thing your bank will never warn you about: the difference between...

South Africa’s Economy Picks Up Pace in Q2 2025

South Africa’s economy showed renewed momentum in the second quarter of 2025, with gross domestic product (GDP) rising 0.8% on a seasonally adjusted basis. This marks a stronger rebound compared to...

Online Investment Scam Leaves Many Devastated Across Mpumalanga

An online Ponzi scheme operating under the name “Medical Digital Intelligence (MDI)” has left a trail of financial devastation across parts of Mpumalanga, spreading from Mkhuhlu to...

Auto-Assessments: The Myths and The Truth

Every tax season, a new rumor spreads faster than gossip at a family braai. One of the most common? That being auto-assessed by SARS means you earn less. Let’s clear the air. Myth: “You were...

Influencers in the Firing Line as SARS Collection Intensifies

In the recent budget allocation, the South African Revenue Service (SARS) has been granted a significant injection of R7.5 billion to bolster its operations. With the Commissioner at the helm, this...

Can SARS really stop you from travelling? The law say YES!

In a major decision handed down on 12 February 2025 in the case of Greyvensteyn v Commissioner for SARS and Others, the court confirmed that SARS has the constitutional authority to restrict a...