Must You Pay Tax on Your Rental Income?
“Few of us ever test our powers of deduction, except when filling out an income tax form” (Laurence J. Peter of The Peter Principle) Letting out property can give you an excellent “annuity” income, and if that concept appeals to you and a buy-to-let...
Tax Freedom Day 2019 Has Arrived!
“Untold Wealth: That which does not appear on income tax returns” (Anonymous) “Tax Freedom Day” is the first day of the year that we South Africans (as a whole) have earned enough to pay off the Tax Man and to finally start working for ourselves. It arrived this year...
Expats and Employers: Plan Now For the New Expat Tax Changes
“An income tax form is like a laundry list – either way you lose your shirt” (Comedian Fred Allen) This article is important to you if you are either a South African working abroad or an employer of one. If you don’t fall into either of those categories,...
Your Website of the Month: Your Selection of Budget 2019 Tax Calculators (And a Tax Guide)
“People who complain about taxes can be divided into two classes: men and women” (Anon) How long will you work for the taxman today?Input your salary into the 2019 Tax Clock calculator and find out how many hours you will spend today working for the taxman, and at...
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