Budget 2022: The Minister of Finance Wants to Hear from You!
Finance Minister Enoch Godongwana has invited the public to share suggestions on the 2022 Budget he is expected to deliver on Wednesday 23 February 2022. The Ministry of Finance: “As usual, the budget allocation always aims to strike a balance between competing...
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...
Budget 2020: Good News for Property Sellers and Buyers, and Some Useful Tax Calculators
“To support the property market, the threshold for transfer duties is adjusted” (Finance Minister Tito Mboweni) Transfer Duty Exemption Up Some good news for property sellers and buyers in particular is the increase in the transfer duty exemption to R1m. See the table...
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...
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