by Emile Hattingh | Jun 1, 2026 | Uncategorized
🩺 Claiming Medical Expenses on Your Tax Return 1. What Medical Expenses Can Be Claimed? South African taxpayers may claim certain medical expenses as deductions or credits, provided they meet SARS requirements. These include: Medical aid contributions (as reflected on...
by Emile Hattingh | May 6, 2026 | Uncategorized
💡 Deemed income is a tax concept that often catches people off guard. It’s not money you actually receive in your bank account, but it’s treated as income by the tax authorities. In short, it’s about the economic benefit you enjoy, even if no cash changes hands....
by Emile Hattingh | Apr 14, 2026 | Uncategorized
The South African Revenue Service (SARS) has announced important updates regarding trust tax compliance and deregistration. These changes affect trustees, tax practitioners, and beneficiaries, and require careful attention. 📌 Deferral of Trust Penalties Administrative...
by Emile Hattingh | Mar 2, 2026 | Uncategorized
The 2027 National Budget, tabled by Finance Minister Enoch Godongwana, places strong emphasis on fiscal discipline while offering targeted relief to households and small businesses. Tax and VAT adjustments form the backbone of this year’s proposals, reflecting...
by Emile Hattingh | Oct 24, 2025 | Uncategorized
Giving back not only supports great causes—it can also reduce your tax bill. South Africa’s tax laws encourage individuals and businesses to donate to registered public benefit organisations (PBOs) by offering attractive tax deductions. 1. Donations to Approved PBOs...
