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03
Apr
South Africa Official Rate of Interest Change
The South Africa official rate of interest or “official rate of interest” for calculating the taxable benefit on low interest or interest-free loans has increased by 0.50% with effect from 01 April 2023.
Click here for the South African Reserve Ba...
29
Mar
What to Expect From the SARS Interest Rates in 2023
If you were hoping that the SARS interest rates for 2023 would be better than those in 2022, then we hate to disappoint you. While they do remain high and SARS (The South African Revenue Service) has increased their interest rates, it is important to...
29
Mar
EMP501 Submission Dates and More
If you have a company with employees, then you will be required to submit an EMP501 reconciliation form. It is extremely important that you do this submission correctly, and do not miss the due date on this submission. In this article, we will cover ...