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Posts tagged: Tax

money-2

It’s time that treasury stopped being short-sighted when it comes to the wealthy!

March 7, 2018
by Gregg Sneddon FeaturedFinancial EducationFinancial Planning

A few years ago, during the National Budget Speech, government put a cap of R350k pa on retirement contributions. It appears that no one at treasury has given this much thought as it only really affects the top few % of the population (first world pr

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SARS

“Internet explorer is the safest browser” SARS*

October 17, 2017
by Gregg Sneddon FeaturedFinancial EducationFinancial Planning

You know that SARS is really in a mess when they still insist that Internet Explorer is the "safest" browser. It is also the only browser in which their efiling application functions correctly. How is this possible in 2017? If my information is corre

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Official logo of the South African Revenue Services (SARS)

SARS still employing delaying tactics

September 15, 2017
by Gregg Sneddon FeaturedFinancial EducationFinancial Planning

The tax ombudsman recently made damning findings about SARS unreasonably delaying paying refunds. SARS, of course, denied that there is anything malicious in this. However, experience seems to show that they are still very much applying stalling tact

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TCF

Not treating customers fairly – SARS!

September 1, 2017
by Gregg Sneddon FeaturedFinancial EducationFinancial Planning

Something seriously dodgy is happening at SARS - just had the 3rd case of them rejecting an RA tax certificate as proof of contribution to an RA. They are insisting on proof of contributions (since inception). Shouldn't be too difficult to obtain but

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