How SMEs Can Incorporate Forest Bathing into Strategy Sessions. Small and medium-sized enterprises (SMEs) often face intense pressure to innovate and make decisions quickly. Yet, the traditional boardroom setting can stifle creativity and well-being. Enter forest bathing—a Japanese practice known as shinrin-yoku—which involves immersing oneself in a natural environment to reduce stress [...]
King V: A New Era for Corporate Governance in South Africa. The forthcoming King V Code of Corporate Governance marks a major milestone in South Africa’s governance landscape. Developed under the auspices of the Institute of Directors in South Africa (IoDSA), King V is set to launch on 31 October 2025, following [...]
SARS Relief Possible for Taxpayers. A forthcoming legislative change could offer relief to South African taxpayers, but only under stringent conditions. Under the proposed amendments in the 2025 Draft Tax Administration Laws Amendment Bill (TALAB), individuals and businesses may be allowed to suspend payment on estimated assessments issued by SARS, provided certain [...]
CIPC Automates Reinstatement Applications for Companies and Close Corporations. The Companies and Intellectual Property Commission (CIPC) has launched a fully digital process for reinstatement applications for companies and close corporations, marking a significant step toward modernising business services in South Africa. All applications to reinstate a deregistered entity using Form CoR 40.5 must [...]
SARS Expands Auto-Assessment Program for 2025 Tax Season. The South African Revenue Service (SARS) has launched its most ambitious auto-assessment initiative to date, marking a significant shift in how taxpayers engage with the annual filing season. The 2025 rollout includes not only standard taxpayers but also provisional taxpayers and individuals who have [...]
New Fuel Levy Implementation Sparks Nationwide Debate. The recent implementation of a new fuel levy has sparked widespread discussion across the country. Designed to address pressing economic concerns and boost revenue for critical infrastructure projects, the levy has been met with mixed reactions from citizens and industry stakeholders alike. Announced by [...]
2025 Budget Review: Key Updates The Minister of Finance, Mr. Enoch Godongwana, has announced that the 2025 Budget Review will be re-tabled on Wednesday, 21 May 2025. This revised budget will include the Fiscal Framework, Appropriation Bill, Division of Revenue Bill, and amendments to revenue laws. The decision follows the reversal [...]
The Institute of Race Relations Report. The Institute of Race Relations (IRR) has recently unveiled a report that underscores the substantial financial burden imposed by Broad-Based Black Economic Empowerment (BEE) premiums on South Africa. The report, titled "Cut VAT & BEE", estimates that the legitimate cost of BEE premiums in public procurement [...]
Tax Guide 2024/2025. Get your comprehensive Tax Guide for 2025/2026 today! Your can either download it from here or for future reference, find all past and present Tax Guides on our website >> View Online Download Tax Guide 2026/ 2026 Review of the 2025 Budget Speech. [...]
SECOND PROVISIONAL TAX – 28 FEBRUARY 2025 DEADLINE. The second provisional tax return for the 2025 tax year, is due for submission to SARS by 28 February 2025. It is important to advise our tax department of any of the following which took place (or is to take place) in the 2025 [...]
