Provisional tax can be a confusing topic for freelancers and small business owners in South Africa. This guide breaks down what provisional tax is, who needs to pay it, how it’s calculated, and tips for managing your tax obligations to avoid financial surprises.
Get ahead of the 2025 tax season in South Africa with this guide to new SARS updates, the two-pot retirement system, and digital reporting changes. Download our free tax guide and simplify your filing process.
At Biz Evolution, we understand that tax season can be a stressful time. This year, the South African Revenue Service (SARS) is aiming to streamline the process with auto-assessments for qualifying taxpayers. But what exactly are auto-assessments, and how do you know if you’re eligible? What are SARS Auto-Assessments? Auto-assessments are pre-populated tax returns generated […]
Tax season is upon us, and Biz Evolution is here to keep you informed! As a individual taxpayer in South Africa, understanding the filing deadlines and auto-assessment process is crucial to ensure a smooth tax season. Key Dates for 2024 Filing Season: What are Auto-Assessments? The South African Revenue Service (SARS) offers auto-assessments to simplify […]
The rise of remote work has transformed the way we do business, offering flexibility and a global talent pool. But for South African businesses, this newfound freedom comes with a twist: the complexities of payroll and tax compliance in a remote setting. Here at Biz Evolution, we’re here to guide you through the maze. Challenges […]
The South African government recently announced a number of key tax changes for the 2023 tax year. These changes are designed to simplify the tax system, encourage investment and economic growth, and make it easier for businesses to comply with their tax obligations. The Budget Speech for the fiscal year 2023 was delivered by a […]
