MY FIVE CENTS

My thoughts on current news and occurrences in the dynamic tax and financial landscape of South Africa, as well as relevant international matters.

Our Five Cents Articles

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Tax rebates help reduce the amount of income tax you owe each year. For many individuals, the rebate can mean the difference between paying tax or paying nothing at all. This article ...

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The South African Revenue Service (SARS) has recently issued guidance to help social media influencers understand their tax obligations. In a statement aimed at promoting transparency ...

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In an era where digital interactions dominate financial management, taxpayers in South Africa face increasing threats from sophisticated scams targeting the South African Revenue ...

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For tax practitioners registered with Recognised Controlling Bodies (RCBs) like SAICA, SAIPA, or CIBA, the SARS Expedited Tax Debt Compromise Process (launched September 30, 2025) ...

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In a proactive move to support compliant taxpayers grappling with longstanding financial pressures, the South African Revenue Service (SARS) has launched the Expedited Tax Debt Compromise ...

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NEWSFLASH | VAT INCREASE WITHDRAWN: WHAT THIS MEANS FOR YOU

In March 2025, the South African government announced a proposed increase in the Value-Added Tax (VAT) rate — ...

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