If you are starting a company in South Africa, one of the first things that you need to consider is which business structure will suit your endeavour best. Each business structure has its advantages a...

There is still a lot of uncertainty surrounding the payment of crypto taxes to the South African Revenue Service (SARS). The entity has published guidelines relating to the matter and has provided the...

Reduce your stress levels by trusting Booysen Accountants with all your accounting and taxation needs. As a business owner, you usually have numerous issues to deal with at any given time. Not only do...

The Covid-19 pandemic forced many companies to reevaluate the way that they do business, especially with regard to office space. Many employees have been encouraged to work from home in order to reduc...

With the first half of the year 2021 behind us, many South Africans are getting their financial affairs in order as the end of the tax season draws ever closer. For many individuals, the end of the fi...

Starting from the 1st of March 2020, the South African Revenue Service (SARS) has implemented new tax legislation that is aimed at collecting taxes from South Africans that are employed abroad, partic...

In order for a business to operate optimally, an employer has to ensure that multiple departments are functioning effectively. As a business grows, the number of obligations it needs to meet increases...

As we enter into a new tax year, many South Africans find themselves perplexed by the same problem: The tax implications of cryptocurrencies. As Bitcoin and Ethereum prices peak in 2021, it become...

The crypto rally is "getting very long in the tooth," Boris Schlossberg told CNBC. The BK Asset Management strategist said lots of bitcoin adoption was "gimmicky." Bitcoin has traded below $60,000...

Some taxpayers are receiving audit letters that demand information about their cryptocurrency holdings. SARS wants to crack down on undisclosed holdings this year. Popular crypto trading platform ...

Finance Minister Tito Mboweni delivered the Budget speech on Wednesday, 24 February. Against the backdrop of the COVID-19 pandemic, the Budget was more optimistic than expected, with tax increases kep...

‘ETFs will give me very good, strong capital gains over the long term, because that’s where and how I’ll be saving the most tax’: Nerina Visser – director, etfSA. SIMON BROWN: I’m chatting now with N...

With the 2021 Budget just around the corner, finance minister Tito Mboweni will be focusing on how to increase taxes at a time when the economy needs a huge dose of oxygen. The focus will be on raisi...

University of Cape Town’s Liberty Institute of Strategic Marketing’s National Income Dynamics Survey (NIDS) shows the dire situation face SA Revenue Services (Sars) as it attempts to increase tax coll...

Bitcoin continues to rise, doubling in value in under a month to reach over $40 000 on Thursday – more than quadrupling in the past year, according to Bloomberg. ...

Finance minister Tito Mboweni has tabled the 2020 medium-term budget policy statement before parliament – revealing strained finances, with little room to manoeuvre through South Africa’s recession-hi...

SARS is making major changes to the tax season, here is what you need to know: SARS recently announced the relevant dates in respect of the 2020 filing season for individuals. There are some signific...

The UIF's scheme for special Covid-19 payouts - of up to R6,730 a month - has been unexpectedly extended until mid-August. The so-called TERS payments were supposed to end after June. The UIF has fac...

A recent high-court ruling found that taxpayers have to receive "sufficient" notice before SARS can instruct a bank to pay over an outstanding tax amount from one of its clients. SARS was ordered t...

Rather than announcing a VAT hike - which some analysts had speculated may occur - Finance Minister Tito Mboweni said taxpayers were in for some income tax relief in the 2020/21 financial year. Calcul...

After the interest rate announcement the biggest factor affecting consumers is the Budget speech by Tito Mboweni, minister of finance, which is expected on 26 February. Lucie Villa, Moody’s lead anal...

Treasury warned that while South Africans have been hit with large tax hikes over recent years, even more taxes are being considered to boost the bare state coffers. ...

A widening tax shortfall is going to blow another hole in state finances – and ultimately leave ordinary people poorer. Every tax year since April 2014, Sars has fallen short of the tax collection ta...

Minister of Finance Tito Mboweni has credited the the Office of the Tax Ombud (OTO) with having been “exemplary in delivering a much-needed service to taxpayers” that provides a “free, independent and...

Access to finance is one of the biggest concerns for most start-ups and when founders, directors or employees acquire shares or own shares in the company they need to be careful, as it could lead to t...

NOMPU SIZIBA: The South African Revenue Service updated the finance committee in parliament on its annual report today, Wednesday. The institution lost its way in recent years, losing its respectabili...

The intention to farm along with generating profit prospects and the usage of assets are considered to be the requirements for the title of farming income. ...