Tax 3/3

Is Your Problem With SARS A Systemic Issue? If So, Speak To the Tax Ombud

Bloomsa

Oct 31, 20182 min read

Is Your Problem With SARS A Systemic Issue? If So, Speak To the Tax Ombud

Many taxpayers are experiencing frustrations in their dealings with SARS. The Tax Ombud is there to assist taxpayers if they have...

8 views0 comments

Beware the New Corporate Income Tax Penalties! And Your Tax Deadlines For November

Bloomsa

Oct 31, 20181 min read

Beware the New Corporate Income Tax Penalties! And Your Tax Deadlines For November

There are only run-of-the-mill tax deadlines for November but companies need to take note of a new warning from SARS that it will be...

6 views0 comments

Importing From Amazon: You Could Be Forced to Register as an Importer

Bloomsa

Sep 27, 20182 min read

Importing From Amazon: You Could Be Forced to Register as an Importer

“Forewarned is forearmed” (Wise old proverb) Picture this: Gavin brings in books and DVDs from Amazon (to take just one example – this...

5 views0 comments

Bloomsa

Sep 27, 20181 min read

Your Tax Deadlines for October

The due date for non-provisional taxpayers who submit their income tax via eFiling or electronically at a SARS branch is 31 October. Time...

2 views0 comments

Travelling Abroad – Do You Have To Declare Your Personal Possessions On Re-Entry?

Bloomsa

Aug 31, 20181 min read

Travelling Abroad – Do You Have To Declare Your Personal Possessions On Re-Entry?

There is some confusion over whether to declare your laptops, golf clubs, iPads and other such valuables that you travel out of the...

8 views0 comments

Bloomsa

Aug 31, 20181 min read

Your Tax Deadlines For September

The third provisional payment for the 2017/2018 tax year is due on or by 28 September 2018. This payment is voluntary and you only need...

5 views0 comments

The New Travel Allowances: How Do They Affect You and Are They Working?

Bloomsa

Jul 31, 20183 min read

The New Travel Allowances: How Do They Affect You and Are They Working?

For the new tax year changes were made to how we are reimbursed for business travelling expenses. Why did SARS make changes and to which...

7 views0 comments

SARS’ New Service Charter – A Positive Step

Bloomsa

Jul 31, 20182 min read

SARS’ New Service Charter – A Positive Step

New management at SARS is trying to rebuild the institution as the world class organisation it once was. Amongst the outcomes it hopes to...

5 views0 comments

Your Tax Deadlines for August and SARS’ World Map of International Tax Agreements

Bloomsa

Jul 31, 20181 min read

Your Tax Deadlines for August and SARS’ World Map of International Tax Agreements

If you are an individual provisional taxpayer your first 2019 provisional payment is due on 31 August. P.S. If South Africa’s various...

5 views0 comments

Your 2018 Tax Season Deadline: Brought Forward By Three Weeks?

Bloomsa

Jun 28, 20183 min read

Your 2018 Tax Season Deadline: Brought Forward By Three Weeks?

“The best way to teach your kids about taxes is by eating 30 percent of their ice cream” (Bill Murray) The 2018 tax season for...

2 views0 comments

Your Tax Deadlines for July, and Keep Your Car Allowance Logbook Up To Date!

Bloomsa

Jun 28, 20181 min read

Your Tax Deadlines for July, and Keep Your Car Allowance Logbook Up To Date!

There are no major deadlines this month. Just a reminder for those on a car allowance to keep comprehensive logbooks as per SARS...

2 views0 comments

When Do We Stop Working for SARS This Year?

Bloomsa

May 31, 20181 min read

When Do We Stop Working for SARS This Year?

It has become a global phenomenon measuring Tax Freedom Day, the day up to which you work to pay your taxes – only after Tax Freedom Day...

4 views0 comments

Your Tax Deadlines for June, and Beware SARS Scams

Bloomsa

May 31, 20181 min read

Your Tax Deadlines for June, and Beware SARS Scams

There are only run-of-the-mill deadlines this month. It is worth getting your filing and workpapers ready for your 2018 tax return as...

3 views0 comments

Bloomsa

May 2, 20181 min read

Bitcoin is Taxable!

SARS has released a media statement on Bitcoin in which it states that people dealing in Bitcoins or other cryptocurrencies are subject...

1 view0 comments

Bloom & Associates Incorporated

Chartered Accountants