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Insights & Resources

Expert perspectives on audit, tax, compliance, and business advisory

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Featured Insights

Non-Compliant Trust? Penalties are Piling up…
2 June 2026

Non-Compliant Trust? Penalties are Piling up…

This tax season marks an important shift for trusts, which are now subject to heightened reporting requirements, regardless of activity, as well as automated penalties for non-compliance starting on 4 May 2026. If you have a non-compliant trust, even if it is inactive, please speak to us. SARS has taken a zero-tolerance approach to trust compliance, increasing scrutiny of trust administration and automatically applying ongoing penalties and interest that can rapidly accumulate.

Selling Your Business to Retire? Get This Tax Relief!
8 May 2026

Selling Your Business to Retire? Get This Tax Relief!

If you’re a small business owner aged 55 or older, the 2026 Budget contained some very good news. Not only has the CGT exemption on the sale of small business by older persons been increased, but the definition of “small business” has also been expanded. This could make a big difference to your retirement situation, not to mention the future of your business. Find out here what the new limits and conditions are, and how they might affect the decision and timing of a business sale.

Latest Insights

8 May 2026
tax

Annual Employee Tax Recon Due End May

The Annual Employer Reconciliation Declaration (EMP501) remains a focus area for SARS. Employers have until the end of May to submit their declarations for the period 1 March 2025 to 28 February 2026. We invite you to rely on our expertise to ensure compliance with this legal requirement, as submitting incorrect or incomplete declarations (or missing the deadline) will cause additional work, penalties, delays and hassles for you and your employees.

23 April 2026
tax

15% Global Minimum Tax (GMT) Goes Live at SARS

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Man in an office examining a VAT file among organized tax and payroll folders
23 April 2026

New VAT Thresholds: Thinking of Deregistering?

The recent increases in the compulsory VAT registration threshold to R2.3 million and in the voluntary registration threshold to R120,000 are widely welcomed. It will certainly ease the administrative burden on small businesses and the strain on their cash flow. Businesses that do not exceed the higher threshold on 1 April 2026 may apply to deregister for VAT. But be certain to rely on our expertise when making this decision, as it’s fraught with potentially costly consequences.

The global minimum tax (GMT) – called an “agreement that will really change the world” – will be implemented in South Africa by SARS in 2026/27. While it may not impact your business directly, it should ultimately reduce your share of the tax burden by ensuring all multinational enterprises (MNEs) contribute their fair share of local taxes. SARS is actively preparing and the GMT registration and notification functionality on the eFiling platform went live on 16 March 2026.

23 April 2026
business-advisory

How to Create a Team Building Experience That Really Works

While on the surface they are just a spot of fun, team building exercises are actually a strategic investment in your business culture and performance. Done well, team building strengthens communication, fosters trust, and boosts morale. Done poorly, it feels like a forced afternoon that costs money and delivers little. As a small business owner, you need team building events that produce tangible improvements. Here’s how to do that.

23 April 2026
tax

When Growth Is a Tax Problem

Growth feels like progress. Sales increase, staff numbers rise, and profit improves. Yet each of these shifts changes your tax position. Here we examine how business expansion can trigger VAT obligations, higher provisional tax payments, payroll risk, structural strain, and cash flow pressure. Then we discuss what small business owners should address before growth creates avoidable tax exposure.

19 February 2026
ai-and-technology

ChatGPT for Accountants: 9 Prompts That Actually Work

Practical ChatGPT prompts for South African accountants — from engagement letters to tax memos. Copy, paste, and adapt for your practice today.

19 February 2026
careers-and-talent

How to Become a Chartered Accountant in South Africa

A complete guide to the CA(SA) qualification pathway: from school to SAICA registration, covering degrees, training contracts, and the IAC and APC exams.