Episodios

  • How SARS Quietly Collects Billions | SARS Bracket Creep Explained
    Oct 3 2025

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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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    7 m
  • Real Tax Lessons Beyond the Textbook | From Intern to Insider | Rendani Makatu on KayaFM
    Oct 2 2025

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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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    8 m
  • Social Media Income Under the Microscope | SARS Rules Explained
    Sep 18 2025

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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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    8 m
  • Are You Really Compliant? What SARS Records Say About You
    Sep 16 2025

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    Read the full article and contact our team today: https://bit.ly/4n7naD5

    In a recent vodcast, Chrispos Seete (SARS Tax Compliance Specialist) and Alex Mahundla (SARS Tax Compliance Specialist) from Tax Consulting South Africa explain how a Tax Diagnostic Report provides a non-triggering SARS health check across your entire profile.

    Key Highlights

    00:00–02:00 Why paying penalties without filing results in recurring charges
    02:00–04:30 What a Tax Diagnostic Report covers and why it is non-triggering
    04:30–07:00 Handling missing or inactive tax numbers and SARS appointments
    07:00–09:30 Checking historic returns and deemed Capital Gains Tax
    09:30–12:00 Using the report before withdrawing retirement funds or applying for an Approval for International Transfer (AIT) PIN
    12:00–14:30 CIPC directorship checks and the need for deregistration
    14:30–17:00 Filing as resident or non-resident and common flagged returns
    17:00–20:00 Why ceasing tax residency needs formal confirmation and professional help

    #SARS #TaxDiagnostics #ExpatTax

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    21 m
  • How a Tax Diagnostic Report Protects You from SARS Penalties | SAFM
    Sep 11 2025

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    In this SAFM Market Update interview, Alex Mahundla (SARS Compliance Specialist at Tax Consulting South Africa) explains why a Tax Diagnostic Report is an essential compliance tool for every taxpayer, especially for individuals with complex tax affairs.

    Key insights from the interview:

    What a Tax Diagnostic Report is and how it works

    Why confirming your residency status with SARS is critical

    How outdated details, outstanding returns, and liabilities can trigger penalties

    Why even South African residents with local income should consider a report

    The consequences of waiting for SARS to act before you do

    Get ahead of your tax affairs and avoid unnecessary penalties. A Tax Diagnostic Report provides the clarity you need to remain compliant and file correctly.

    Book a consultation with our tax attorneys: https://bit.ly/45Jc80D

    #TaxDiagnostic #SARS #TaxCompliance #ExpatTax #TaxConsultingSouthAfrica

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    7 m
  • SARS is coming after YOUR foreign retirement funds
    Sep 8 2025

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    Read the full article: https://bit.ly/3I8Ostq
    Speak to our specialists: https://bit.ly/3IcnAbX

    Could your foreign retirement funds soon be taxed in South Africa?

    In this discussion, Delano Abdoll (Legal Manager: Cross-Border Taxation) and John-Paul Fraser (Team Lead: Cross-Border Taxation) unpack how SARS’ proposed removal of the foreign pension exemption could affect expatriates, returning residents, and high-net-worth individuals with offshore retirement funds. From Double Taxation Agreements (DTAs) to the two-pot system, they reveal the risks, timelines, and urgent planning steps every client and practitioner must understand.

    Topics:

    00:00 - Intro
    01:26 – The Removal of Foreign Pension Fund Exemptions
    03:27 – South Africa’s Deficit and the Push to Increase Tax Collection
    05:25 – Tax Residency Rules and the Impact on Foreign Pensions
    08:22 – Public Comment Period Closing 12 September 2025
    17:36 – Practical Advice for Taxpayers and Retirement Planning

    #SARS #DoubleTaxation #TLAB2025

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    23 m
  • Debt, Deferrals & Compromises: Your 2025 Compliance Playbook
    Aug 19 2025

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    Can SARS take money directly from your bank account?

    Yes, and it is already happening. In this episode, Tax Attorney Junaid Bhayla and Associate Director and Head of Strategic Engagement and Compliance, Jashwin Baijoo, break down how tax debt arises, what triggers SARS collection, and how legal relief can protect you from criminal liability or asset loss.

    Visit our website for more info: https://bit.ly/4lBwMF7

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    18 m
  • Are you Prepared? Key Advice for South Africans in 2025
    Jul 30 2025

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    The 31 August 2025 provisional tax deadline is fast approaching, are you prepared?

    Whether you are a freelancer, expatriate, or run your own business, this episode featuring Priscilla Sefoka, Tax Administrator, and Thokozile Kumalo, Tax Consultant, will help you understand exactly what you need to do to stay compliant and avoid SARS penalties.

    Need help filing your provisional tax? Contact Tax Consulting South Africa today for expert assistance: https://bit.ly/45cVV3g

    #ProvisionalTax #TaxFilingSeason2025 #TaxPodcast

    What You Will Learn:

    00:00 – Introduction

    00:56 - What Is Provisional Tax?

    01:28 - Purpose of Provisional Tax

    01:54 - Provisional Tax ≠ Additional Tax

    02:23 - Who Qualifies as a Provisional Taxpayer?

    02:50 - Legal Definition from the Income Tax Act

    03:18 - Documents to Prepare for Provisional Tax

    03:47 - Examples of Source Documents

    04:27 - Importance of Passport Stamps

    04:56 - Risks of Late Submission & Payment

    05:48 - Interest and Penalties Explained

    06:14 - Key Provisional Tax Deadlines

    07:02 - Third Voluntary Payment Deadline

    07:30 - 2026 Deadline Falls on a Sunday: What to Do

    07:54 - Recommended Payment Date: 29 August 2025

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    9 m