Category COMPLIANCE

For many South Africans, personal tax submissions can feel confusing, stressful, and time-consuming. However, staying compliant with the South African Revenue Service is essential to avoid penalties, interest charges, delayed refunds, and unnecessary audits.  Every year, taxpayers are required to ensure that…

Starting a new business is exciting — but many South African entrepreneurs quickly discover that running a company also comes with important compliance responsibilities. Staying compliant from the beginning helps you avoid penalties, protects your business, and builds trust with…

In today’s regulatory environment, transparency and accountability are no longer optional—they are essential. One of the key pieces of legislation driving this in South Africa is the Promotion of Access to Information Act (PAIA). While many business owners have heard of…

In South Africa, many business owners assume that operating through a company automatically protects directors from personal liability. While a company is a separate legal entity, this protection is not absolute. Under the Companies Act 71 of 2008, directors can be held…

Following the 2026 Budget Speech, the Minister of Finance announced an increase in the VAT registration thresholds. The compulsory registration threshold has been raised from R1 million to R2.3 million, while the voluntary registration threshold has increased from R50 000…

Beneficial ownership has become a central part of corporate compliance in South Africa. This concept refers to the real, natural persons who ultimately own or control a company, even if their names don’t appear in official documents. The aim is to ensure transparency in the ownership…

For South African businesses, provisional tax is a crucial part of staying compliant with SARS. Your IRP6 return—due twice a year, with the final payment usually aligned to your financial year-end—relies heavily on accurate, current accounting records. When your accounting is not up…

With the 2026 tax season approaching, this is the perfect moment for businesses to get their financial affairs in order. South African tax law places a strong emphasis on accurate record-keeping, timely submissions and compliance, and SARS has become increasingly…

As a South African business owner, compliance with various annual statutory returns is not just important, it is legally required. However, many entrepreneurs and company directors often confuse the different types of annual submissions that need to be made. This…