After an unprecedented postponement triggered by widespread disagreements within the GNU (Government of National Unity) regarding a proposed VAT increase, Finance Minister Godongwana presented the 2025/2026 National Budget Speech on 12 March 2025. Below is a summary of the tax-related changes: - VAT (Value Added Tax) Considering the impact of a VAT adjustment, VAT [...]
South Africa’s new two-pot retirement scheme was designed to give members some financial breathing room during tough times, without requiring them to resign to access their savings. In short, although it offers short-term financial relief, this withdrawal benefit should only be considered for emergencies and not change how you think about your retirement financial [...]
The perception of most Business owners is that changing Accountants is as difficult and disruptive as changing banks. However, we have taken on a number of new corporate clients who are always surprised at how easy and smooth our changeover has been. So, if you feel your current accountant is not giving you the [...]
Jozi, the city of gold and the richest province in South Africa. While Johannesburg’s gold rush has long passed, many still flock to Joburg for lucrative employment and business opportunities. For the businesses and individuals reaping the rewards of Joburg’s economy, it becomes increasingly important to find a quality accountant and tax consultant. In [...]
