The conversation often comes up where different entity forms are discussed and the word “Non-Profit” is thrown around as a proposition. What people don’t always realize is that there are several steps and requirements to fulfill before qualifying as or operating a non-profit entity. The first discussion I would have with you would be to understand what your goal & mission with the non-profit entity is. Sometimes, we have a business idea and our intentions are to help a group

Provisional tax allows taxpayers to pay annual tax in 2 or 3 payments. Submissions are due 6 and 12 months after the financial year starts, with an optional third payment 7 months post-year-end to avoid penalties on under-estimation. It's based on estimated taxable income over an annual period. Companies and trusts are always liable; individuals earning non-salary income (e.g. rental, interest) may be liable too.

More and more South Africans are taking up job offers abroad—but in the rush of visas and relocation, tax implications are often forgotten. SARS operates on a worldwide tax system, meaning even foreign income can be taxed locally unless you change your tax residency status. Knowing whether you're a resident or not—and applying the correct relief—can make a big difference. Don't let tax surprises ruin your global adventure.