Budget 2024: Your Tax Tables and Tax Calculator

How much will you be paying in income tax, petrol and sin taxes? Use Fin 24’s four-step Budget Calculator here to find out. The unchanged transfer duty and tax tables, with a note on fiscal drag   Unchanged from last year, so taxpayers can breathe a sigh of relief that rates have not been increased as many [...]

By |2024-07-22T10:30:32+02:00March 1st, 2024|Financial, Taxes|Comments Off on Budget 2024: Your Tax Tables and Tax Calculator

Tax Freedom Day 2022: The Day We Stopped Working for Government

“Taxpayer: One who doesn’t have to pass a civil service exam to work for the government” (Anonymous) “Tax Freedom Day” is the first day of the year on which we South Africans (we’re talking about the “average” taxpayer here) have finally earned enough to pay off SARS and to start working for ourselves. This year [...]

By |2022-09-12T10:47:22+02:00September 12th, 2022|Commercial Law, Corporate Law, Financial, Taxes|Comments Off on Tax Freedom Day 2022: The Day We Stopped Working for Government

Exemption Clauses in Contracts – Fine Print Can Void Them

“… he did not think that he was binding himself 'to all sorts of fine print that I can't even read'.” (Extract from judgment below, describing evidence given by the customer during the trial) For suppliers of goods or services, incorporating a strong, clearly worded exemption clause (a clause excluding or restricting your liability to [...]

By |2021-11-05T13:35:59+02:00November 5th, 2021|Commercial Law, Corporate Law, Financial, Taxes|Comments Off on Exemption Clauses in Contracts – Fine Print Can Void Them

What SARS Says About Crypto Assets and Tax

“The future of money is digital currency” (Bill Gates) If you are thinking of buying – or have bought - any “crypto asset” such as a cryptocurrency like Bitcoin, Ethereum, Polkadot, Solana (or any of the many other crypto currencies springing up all over the place), be aware of the tax implications. As a start, [...]

By |2021-10-05T07:59:52+02:00October 5th, 2021|Commercial Law, Corporate Law, Financial, Taxes|Comments Off on What SARS Says About Crypto Assets and Tax

Buying Property from a Company – Should You Buy the Shares or the House?

"There is never a wrong time to buy the right home" (Anon)     You find the house of your dreams, agree on the price and get ready to put pen to paper. The house is in the name of a company, and you are offered a choice – either buy the house out of the [...]

By |2021-07-02T09:02:14+02:00July 2nd, 2021|Commericial, Estates, Property, Taxes|Comments Off on Buying Property from a Company – Should You Buy the Shares or the House?
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