Sars correct

New Service Charter by SARS – A Step in the right direction

New management at SARS is trying to rebuild the institution as the world class organisation it once was. Amongst the outcomes it hopes to achieve in this tax year are increases: In public trust and credibility, In the ease and fairness for taxpayers in their interactions with SARS. To achieve these goals, SARS has just released a new Service Charter. …

retirement money in jar

Retirement: Box Clever With Cash

“The question isn’t at what age I want to retire, it’s at what income.” George Foreman There are many things to consider when you retire. One thing to be careful of is the amount of money you cash in from your retirement savings. Taking cash from your retirement savings: What to take into account Friends will tell you that the …

good staff relationship

Good Staff Relationships are more important than money

There are strikes seemingly now all the time and usually the dispute is over wage increases and benefits. On the other side of the coin, when employers speak, they often talk of the country’s skills deficit and labour laws. Recent research in KwaZulu-Natal has highlighted that there are equally important issues for both employees and employers. As it has been …

travel-allowance-SARS

SARS made changes to business traveling expenses: How Do They Affect You?

For the new tax year changes were made to how we are reimbursed for business traveling expenses. Why did SARS make changes and to which type of travel allowance? Travel allowances have been around for a long time. Initially, they gave considerable benefits to people earning salaries as the fringe benefits tax was less than the economic benefit. SARS in …