Tax Talk Thursday: Forex

Tax Talk Thursday: Forex

introduction: Forex trading is not new, but the number of retail traders have increased exponentially over the last few years as technology has made it easier for people to get access to brokers. So what is the cost of doing business when you are a trader???? Is there...
Tax Talk Thursday: Crypto Assets

Tax Talk Thursday: Crypto Assets

introduction: Over the past few months, we have seen an increase in the use of cryptocurrencies and crypto assets, but what exactly is cryptocurrency or crypto assets? Furthermore, what is the tax treatment of these assets?   What is Cryptocurrency:...
Tax Talk Thursdays: Rental Income

Tax Talk Thursdays: Rental Income

Notice from SARS: The South African Revenue services (SARS) has issued a statement advising all South African property owners that the rental income they receive must be declared in their income tax returns. The statement essentially means that any person who has...
Tax Talk Thursdays: Employees’ Tax (PAYE)

Tax Talk Thursdays: Employees’ Tax (PAYE)

What is a PAYE: Employees’ tax is the tax that is required to be deducted by an employer from an employee’s remuneration that has been paid or is payable. This process is known as PAYE (Pay-As-You-Earn).   How is PAYE calculated: Periodic tax basis: This method...