SARS has confirmed that tax filing season for Trusts opened on 19 September 2026, with the closing date set for 22 January 2027. This year brings important enhancements to the ITR12T trust return which takes place against the backdrop of SARS’s administrative non-compliance penalty framework for trusts, which came into effect on 4 May 2026…

The Profit First business model flips a century-old accounting formula on its head. Instead of Sales minus Expenses equals Profit, small business owners take their profit first and let expenses shrink to fit what remains. Created by entrepreneur Mike Michalowicz, the system uses multiple bank accounts and fixed percentages to force discipline. For struggling entrepreneurs…

The Companies and Intellectual Property Commission (CIPC) has introduced additional security measures for director amendments, requiring confirmation from a majority of the board through a one-time password (OTP) for newly appointed directors. The updated process, announced in CIPC Customer Notice 51 of 2026, dated 16 October 2026, forms part of the CIPC’s efforts to strengthen…

Cash was supposed to be on its deathbed. Instead, notes and coins are still changing hands every day, from spaza shops and taxis to supermarkets and small businesses. Digital payments are growing rapidly, but the latest data shows that cash remains deeply embedded in Mzansi’s economy. So why has the cashless future taken so long…

SARS has strict rules regarding entertainment expenses for both income tax deductions and VAT, and a claim for entertainment expenses will likely be flagged for investigation by SARS. This is why it’s crucial to have a solid understanding of what can and can’t be claimed. We encourage you to rely on our expert oversight before…

Most business owners think their personal will has the business covered too, but that’s usually not the case. The term “business will” refers colloquially to a specialised directive, such as a shareholder’s agreement, a buy-and-sell agreement or a succession plan, that gives guidance on what should happen to your business when you (or other partners…

Anyone leaving or entering South Africa faces a new SARS requirement: an online declaration of goods, cash and other items before crossing the border. This article cuts through all the conspiracies and explains what the change means, why it matters, and how it could affect travellers, businesspeople and anyone carrying high-value items. “In my travels…

Wish you could pay less tax this 2026 tax season? Our tax team checks and applies every tax rebate and deduction possible for every individual and business, making sure that while you remain 100% compliant, you don’t pay a cent more tax than you should! “Next to being shot at and missed, nothing is quite…

As cloud-based software delivery has lowered the barrier to adoption, many companies are starting to lose track of the number of software subscriptions they have. This phenomenon is known as “SaaS creep” (SaaS stands for Software as a Service) and research suggests that the problem is considerably larger than most leaders recognise. The financial consequences…

For individual provisional taxpayers and for companies with a February year-end, the end of August brings yet another tax deadline: the first provisional tax payment for the 2027 tax year, covering the period 1 March 2026 – 28 February 2027. Find out here why income tax payments seem to roll round so very often, and…