SA Accounting Academy News

Keeping you up to date with the latest accountancy, audit and tax news.

Newsletter Sign Up

Tax News

Understanding Recoupment and Capital Gains Tax in South Africa: Calculations, Exclusions, and Tax Implications logo

Learn the key differences between recoupment and capital gains tax in South Africa. Understand how t...

Read More
Solar Energy Tax Credit can be Deducted for Provisional Tax logo

The Provisional Tax Return (IRP6) has been updated with a “Solar energy tax credit” field to enable...

Read More
Draft SARS Guide for Solar Energy Tax Credit logo

SARS has published its new Draft Guide (including explanatory notes) for the Solar Energy Tax Credit...

Read More
2023 Tax Amendment Acts gazetted logo

2023 Tax Amendment Acts gazetted

The 2023 tax amendment Acts were gazetted just before Christmas.

Read More
SARS: Debt Outsourcing FAQs logo

SARS: Debt Outsourcing FAQs

SARS has compiled and published 9 frequently asked questions (FAQs) with answers regarding overdue d...

Read More
CIPC: SARS non-compliance notices logo

CIPC: SARS non-compliance notices

The Companies and Intellectual Property Commission (CIPC) has issued a notice to clarify the confusi...

Read More
SARS SMME Connect Newsletter: Edition 6 logo

SARS has published the latest SMME Connect Newsletter (Issue 6) for October 2023, which is now avail...

Read More
SARS: VAT modernisation logo

SARS: VAT modernisation

SARS has published a Discussion Paper on VAT modernisation.

Read More
SARS: Comprehensive Guide to the Income Tax return for Trusts logo

SARS has updated the Comprehensive Guide to the Income Tax return for Trusts with additional informa...

Read More
SARS: Enhancements to Trust Beneficial Ownership information logo

SARS has made some enhancements to the Trust Beneficial Ownership information that must be submitted...

Read More
Tax Ombud publishes a Draft Collection of Taxpayer Rights logo

The Tax Ombud has published a Draft Compendium of Taxpayer Rights, Entitlements and Obligations.

Read More
SARS published Updated FAQs on the deductibility of Home office expenses logo

SARS have updated their FAQs on the deductibility of home office expenses.

Read More
Update on share valuations for Estate Duty logo

The Commissioner must approve the valuation of shares held by the deceased person in unlisted compan...

Read More
SARS warns of new scam logo

SARS warns of new scam

SARS warns the public against a new phishing scam purporting to be from SARS, claiming that an impor...

Read More
Employer Interim Reconciliation 2021 logo

Employer Interim Reconciliation 2021

The Employer Interim Reconciliation Declaration (EMP501) submission period is open until 31 October...

Read More
Newly Updated: SARS Basic Guide to Tax Exemption for PBOs logo

SARS have updated and issued their Basic Guide to Tax Exemption for Public Benefit Organisations (Is...

Read More
Home office expenses: SARS issued draft interpretation note logo

SARS issued an updated draft interpretation note which provides clarity on the deductibility of home...

Read More
2021 SA tax season: SARS announces start dates and details logo

SARS announced that taxpayers will be able to file their tax returns from 1 July 2021, and confirmed...

Read More

COVID-19 and working from home has a profound impact on deductions against travel allowances and fri...

Read More
Need Help ?

Explore Smarty