Tax for Individuals
Individual tax in South Africa, governed by the Income Tax Act No. 58 of 1962, applies to all individuals earning taxable income, including residents and non-residents. Residents are taxed on worldwide income, while non-residents are taxed only on South African income. It covers salaried employees, freelancers, investors, entrepreneurs, retirees, and beneficiaries of trusts or estates. Compliance requires filing annual returns, paying taxes on time, and adhering to regulations on deductions and exemptions. Non-compliance can lead to penalties, highlighting the need for accurate understanding and management of tax obligations.
Our Personal Tax Services include:
Tax Filing and Compliance
Preparation and submission of annual and provisional tax returns.
Ensuring adherence to SARS regulations and deadlines.
SARS Support and Dispute Resolution
Assistance with SARS audits, disputes, and overdue payments.
Foreign Income and Residency Assistance
Assistance & guidance on reporting foreign income and navigating tax residency requirements.
Trusts and Estate Tax Services
Tax planning and compliance for trusts and estate beneficiaries.
Tax Optimization
Maximizing deductions for medical aid, retirement contributions, and travel allowances.
Strategic tax planning for high-income earners and investors.
Tax Education and Advisory
Personalized advice to simplify tax responsibilities.
Navigate Your Taxes with Ease and Expertise
Let us handle it for you