Category: South Africa – Tax

When a taxpayer disagrees with a decision made by SARS, such as an assessment or penalty, they have the legal right to file an objection and, if necessary, escalate it to an appeal. Understanding the timelines, required forms, and effective...

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After filing your tax return, SARS issues a Notice of Assessment (NOA) which is a detailed statement reflecting how your tax liability was calculated. Understanding each line on this notice is essential for taxpayers in South Africa to verify accuracy,...

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Individuals earning income from mining and agricultural activities in South Africa benefit from specific tax provisions designed to support these critical sectors. SARS has tailored rules that address the unique nature of income and expenses in mining and agriculture, offering...

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Healthcare costs can be a significant burden, but South African taxpayers have options to reduce their tax liability through medical-related tax relief. Two primary mechanisms are available: the Medical Scheme Fees Tax Credit and the Out-of-Pocket Medical Expense Deduction. Understanding...

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South African taxpayers who withdraw lump sums from pension and provident funds need to understand the tax implications of such withdrawals. SARS imposes specific tax rules on lump-sum payments from retirement funds, which vary depending on the amount withdrawn and...

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Winning the lottery or gambling can be life-changing, but many South African taxpayers wonder about the tax implications of these windfalls. Understanding when lottery and gambling winnings are subject to tax is crucial to comply with SARS regulations and avoid...

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Investment income is an important component of many South Africans’ financial portfolios. Understanding how different types of investment income—such as interest, dividends, and REIT distributions—are taxed is crucial for effective tax planning and compliance with SARS regulations. This detailed guide...

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Failing to pay taxes on time can result in interest charges imposed by SARS. Understanding how interest on late payments is calculated is crucial for taxpayers to avoid surprises and manage their tax liabilities effectively. This detailed guide explains SARS’s...

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With the rise of remote work, many South African taxpayers are looking to claim tax deductions for home-office expenses. SARS allows qualifying remote workers to deduct certain costs related to the business use of their home. This detailed guide explains...

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South African taxpayers who earn income from employment outside the country often wonder about their tax obligations. Section 10(1)(o)(ii) of the Income Tax Act provides a specific exemption for foreign employment income, helping to prevent double taxation and provide relief...

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