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 [...]
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 [...]
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 [...]
Employer Annual Declarations (EMP501): 1 April to 31 May 2024. As an employer, it’s essential to stay informed about your tax obligations. The Employer Annual Declaration period is a crucial time when you need to submit accurate information to the South African Revenue Service (SARS). Let’s dive into the details: [...]
What You Need to Know About Living Wills. A living will is not the same as a last will and testament. A living will is a document that lets you express your preferences for medical care in case you become unable to communicate them yourself. A living will can help you avoid unwanted [...]
New Chief Director of Tax Policy at the Ministry of Finance. Ms Yanga Mputa has been appointed as the new Chief Director of Tax Policy at the Ministry of Finance. Ms Mputa has a wealth of experience in tax administration and policy, having served as a senior manager at the South African Revenue Service [...]
