TAX TIP
Don't miss out on your retirement fund deduction.
Employer retirement fund contributions taxed as a fringe benefit should generally be included in the section 11F deduction calculation.
✅ Deduction limit:
• 27.5% of remuneration/taxable income
• Capped at R350,000
IRAN HAS CLOSED THE STRAIT OF HORMUZ AGAIN AFTER ISRAEL BOMBED LEBANON.
The IRGC Navy warns that NO vessel should attempt to cross.
Iran says the Strait will remain CLOSED until Israel withdraws from Lebanon, the naval blockade is fully lifted, and U.S. forces leave the Persian Gulf and the region.
The IRGC is broadcasting a warning on maritime frequencies:
“The Strait of Hormuz will remain closed until these conditions are met.”
“Any vessel that defies this directive will be TARGETED.”
The move comes after Israeli strikes on Southern Lebanon and Israel’s refusal to withdraw from Lebanese territory.
TAX TIP
Do you earn extra income from a side hustle?
Whether you sell online, freelance, tutor, create content, or drive for Uber/Bolt, that income may be taxable.
Stay compliant. Avoid penalties.
#TaxTips#SARS#SideHustle#SouthAfrica#TaxSeason#KendlayAdvisory
📬 When You Receive Auto Assessment,
Don't ignore it.
What you ignore today could become penalties, interest and additional tax tomorrow.
#TaxTip#SARS#AutoAssessment#KendlayAdvisory
I must make it clear that only the authorised government officials may act against violations of the law, including violation of our immigration laws.
No other person is allowed, for example, to confront someone in the street to demand proof of nationality.
https://t.co/E5bWVf4pTq
Struggling with SARS debt?
Received Final letter of Demand from SARS?
Payment plan, deferral, or compromise — we will help you choose the right solution.
Contact us today: Whatsapp: 073 891 5014
email: [email protected]
Struggling with SARS debt?
Received Final letter of Demand from SARS?
Payment plan, deferral, or compromise — we will help you choose the right solution.
Contact us today: Whatsapp: 073 891 5014
email: [email protected]
𝗪𝗛𝗬 𝗨.𝗦. 𝗟𝗢𝗦𝗜𝗡𝗚 𝟳 𝗥𝗘𝗙𝗨𝗘𝗟𝗜𝗡𝗚 𝗧𝗔𝗡𝗞𝗘𝗥𝗦 𝗣𝗟𝗔𝗡𝗘𝗦 𝗜𝗡 𝗢𝗡𝗘 𝗗𝗔𝗬 𝗜𝗦 𝗔 𝗦𝗧𝗥𝗔𝗧𝗘𝗚𝗜𝗖 𝗗𝗘𝗙𝗘𝗔𝗧.
Rutendo Matinyarare explains why the U.S. losing 7 refueling tankers in one day is a strategic defeat for Israel and the U.S. in this war of attrition.
This process allows qualifying taxpayers to pay only a portion of the outstanding amount, with the balance written off by SARS once approved.
This is a major opportunity for individuals and businesses facing financial distress.
A New Opportunity to Settle Tax Debts at a Reduced Amount
SARS has officially launched an expedited debt-compromise programme aimed at helping taxpayers who are genuinely unable to settle their full tax debt.
🎯 Need Working Capital Fast?
🎯 Need Working Capital Fast?
We help you get funding-ready ✅
We handle compliance ✅
We speed up approvals ✅
We plan your repayments ✅
So you can focus on growing your business 🚀
📲 DM us to get started — funding in hours, not weeks!