by sait_admin | Feb 28, 2025 | Tax Practice Weekly
The VAT standoff: Unprecedented turn of events put the Budget on hold On 19 February 2025, South Africa’s National Budget Speech was postponed- a first since the dawn of democracy in 1994. The National Budget Speech will now be presented on 12 March 2025. READ...
by sait_admin | Feb 28, 2025 | Tax Practice Weekly
Budget 2025: What South Africans Can Expect Minister of Finance, Mr Enoch Godongwana, will deliver the 2025 National Budget Speech on Wednesday, 19 February 2025, at 14:00. There is growing speculation regarding potential tax changes that could affect individuals and...
by sait_admin | Feb 28, 2025 | Tax Practice Weekly
South Africa prepares for the 2025 State of the Nation Address As South Africa gears up for the highly anticipated 2025 State of the Nation Address (SONA), all eyes will be on President Cyril Ramaphosa as he delivers his speech on Thursday, 6 February at 19:00 from...
by sait_admin | Feb 28, 2025 | Tax Practice Weekly
Getting your VAT registration application right On Monday, 27 January 2025, the SARS Western Cape region hosted a ‘VAT Registration Requirements’ workshop to assist tax practitioners in understanding the requirements for VAT registrations and to provide insight into...
by sait_admin | Feb 28, 2025 | Tax Practice Weekly
Time to consider getting your fixed percentage tax directive A Fixed Percentage Tax Directive, issued by the South African Revenue Service (SARS), instructs an employer to deduct employees’ tax (PAYE) from an employee’s remuneration at a predetermined fixed...
