ALL POSTS BY: Andre van Niekerk

I am a registered tax practitioner with more than 10 years' experience with tax and accounting.  Thank you for reading my content, I hope you find it helpful.  Be sure to contact me with your tax related questions.

Showing: 1 - 10 of 46 RESULTS
PAYE SARS

PAYE recon – 202208

What is a PAYE recon?

If a company is registered for PAYE, it has to submit a PAYE recon every 6 months. The purpose of a PAYE recon is to make sure that all the PAYE, i.e employee tax deducted from employees were paid over to SARS. The PAYE recon includes the period from 1 March 2022 to 31 August 2022.

What is the deadline?

The deadline for the PAYE recon to be submitted at SARS is 31 August 2022.

Get your PAYE recon submitted now!!

Just submit the form below, and we will contact you ASAP.

paye recon
accounting SARS Tax

Tax admin penalties

If you have a company, it is very important to ensure that the income tax returns are up to date at SARS. SARS has started giving penalties for all companies with outstanding tax returns.

How much are the penalties?

The penalty is R250 per month, per return outstanding. This means that the amount can accumulate quickly into a big SARS debt.

What if my company has not traded?

Companies have to submit tax returns, even if they have not traded. They have to declare on the tax return that the company is dormant.

Contact us for more info

tax admin penalties
SARS Tax

Home office expenses – Filing season 2022

If you have claimed home office expenses on your personal income tax return at SARS, chances are very good that the tax return has been selectred for audit.

SARS is very strict this year with relation to the expenses they allow. In most cases, they need a letter from the employer confirming that you are allowed to work from home, a photo of the workspace at home etc.

This leads to a delay in refunds being paid out. And in general, SARS is very slow with reviews and audits this year.

Contact us today if you need assistance with your tax audit/review.

Contact US

home office expenses
accounting SARS Tax

Provisional Tax – 31 August 2022

All companies with a February year end have to submit a provisional tax return before 31 August 2022 to avoid penalties. Sole proprietors also have to submit a tax return to SARS.

This provisional tax return, or IRP6 is based on the figures from 1 March 2022 to 31 August 2022. The company has to submit a return even if it did not trade during the period under review.

Let us submit your Provisional tax return

Complete the form below, and we will be in Contact soon.

provisional tax
SARS Tax

Provisional Tax – 202301

All companies with a February year end have to submit a provisional tax return by 31 August 2022.

For which period is this provisional tax return?

This return will include the estimated income for the period ending 28 February 2023. This will be the first provisional tax return for the 2023 financial year.

Important

It is important to note that you have to submit a return, even if the company did not trade during the period under review.

Contact us for more detail.

provisional tax August 2022