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South Africans are facing a hidden tax increase known as bracket creep, where rising salaries push earners into higher tax brackets because the tax tables have not been adjusted for inflation.

In this Moneyweb Now interview, Tanya Tosen, Tax and Remuneration Specialist at Tax Consulting South Africa, explains how SARS is projected to collect an additional R19.5 billion this year (R18 billion from income tax and R1.5 billion from medical aid tax credits) without changing the official tax rates.

Key Highlights

What bracket creep is and why unadjusted tax tables create it

How higher salary increases can push you into a higher tax bracket

The impact on take-home pay and cost of living

Why both employees and freelancers must monitor their own tax compliance]


#SARS #BracketCreep #IncomeTax

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What really happens when you step from the classroom into South Africa’s leading tax practice?

During a KayaFM interview, Rendani Makatu, Tax Intern & Expatriate Tax Support Specialist at Tax Consulting South Africa, shares the lessons no textbook could prepare him for. From the realities of tax law changes to the traps South Africans face when moving abroad, Rendani explains what every listener needs to know.

During this interview, you will hear:

Why young professionals must stay sharp with SARS updates.

The truth about tax residency if you plan to live or work abroad.

How the “golden letter” from SARS protects expats.

Why hiding income from SARS isn’t an option.

If you are considering emigration or already abroad, do not leave loose ends with SARS. Contact us today so our team can help you get compliant, file correctly, and protect your income: https://bit.ly/46zrC6o 

#ExpatriateTax #DoubleTaxAgreement #TaxResidency

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Ensure that all your income is fully compliant. Learn how to manage your taxes and avoid penalties: https://bit.ly/47AvDcV 

Join Jashwin Baijoo, Associate Director and Head of Strategic Engagement & Compliance as he discusses SARS’s latest focus on social media influencers and content creators during his SAfm interview with Jimmy Moyaha.

Learn what income must be declared, how SARS tracks worldwide earnings, and practical steps for influencers to stay compliant.

#SARSCompliance #InfluencerTax #DigitalEconomy

What You Will Learn:  

00:00 – Introduction
00:15 – SARS targets social media influencers and digital content creators
01:12 – Definition of gross income and worldwide income obligations
02:12 – Practical implications for South African residents working abroad
03:11 – Importance of tax advisors and record-keeping
04:10 – Educational resources and webinars available for influencers
05:08 – How brand deals, sponsored content, and non-cash income are treated
06:53 – Global information exchange and tracking foreign income
07:16 – Closing insights and recommendations

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