by Ricardo | Nov 24, 2025 | Business, SARS
VAT is due on the 30th of the month or the last working day before. VAT assistance by WVDW. If you have any queries, please contact our offices for assistance. 011 476 1112 info@wvdw.co.za #WVDW #WVDWFinancialServices #MBServices #bookkeepers #accountants...
by Ricardo | Nov 19, 2025 | Business, Individual, Trusts
Family strife might result from no will or testament. A will is vital for more than just wealthy people and TV characters who are willing to kill each other to inherit a parent’s wealth. A will simplifies death for your loved ones. Making a will ensures that...
by Ricardo | Nov 12, 2025 | Business, Individual, Trusts
Being a good corporate citizen means that a company operates in a way that benefits not only its shareholders and customers, but also the communities in which it operates, the environment, and society at large. This includes behaving ethically and responsibly,...
by Ricardo | Nov 4, 2025 | Business, SARS
Turnover Tax is a simplified tax system designed to reduce the tax burden and paperwork for small businesses in South Africa. Instead of paying multiple types of taxes, micro businesses pay a single tax based on their turnover (total income), making tax compliance...
by Ricardo | Oct 27, 2025 | Business, Individual
UIF or Unemployment Insurance Fund is a short-term relief for workers who are on maternity leave, adoption leave, off due to illness, reduced working hours or when workers become unemployed. Dependants of a deceased contributor may also claim UIF. UIF is deducted at...
by Ricardo | Oct 8, 2025 | Business, Individual
Running a business comes with many challenges, and as a director, your role carries significant responsibilities under South African law. The Companies Act 71 of 2008 outlines specific instances where directors can be held personally liable for negligence, and...
by Ricardo | Oct 1, 2025 | Business, Individual, SARS
To explicitly target cryptocurrency trading and investment both domestically and internationally, the South African Revenue Service (SARS) has set up a dedicated cryptocurrency unit. The unit’s scope is essentially limitless, and SARS has verified that it can...
by Ricardo | Sep 25, 2025 | Business, Individual, News, SARS
In the 2025 Budget Speech, Finance Minister Enoch Godongwana emphasized the South African Revenue Service’s (SARS) pivotal role in addressing the nation’s fiscal challenges. SARS Commissioner Edward Kieswetter highlighted an estimated R800 billion in...
by Ricardo | Sep 17, 2025 | Business, Individual, Trusts
Individual taxpayers, trustees, employers, and tax professionals are all impacted by the significant modifications the South African Revenue Service (Sars) has made to personal income tax returns, trust tax returns, and pay-as-you-earn (PAYE) penalties for the 2025...
by Ricardo | Sep 9, 2025 | Business, Individual
Working from home? If you worked from home for more than half of your total working hours or for more than 6 months during the tax year you can claim certain home office expenses against your taxable income. These deductions are only allowed under certain specific...
by Ricardo | Sep 3, 2025 | Business
Ensuring compliance with financial reporting requirements is a critical responsibility for company directors. The South African Companies Act, 2008 (Act No. 71 of 2008) (“the Act”) sets out specific provisions regarding when financial statements must be...
by Ricardo | Apr 25, 2025 | Business, Individual
The Compensation for Occupational Injuries and Diseases Act (COIDA) is a South African law that provides compensation to employees who are injured or contract an occupational disease because of their employment. The Act also provides compensation to the dependents of...
by Ricardo | Apr 24, 2025 | Business, Individual, News, Trusts
In the early hours of Thursday morning, National Treasury issued a press release announcing that the planned VAT rate increase on 1 May will be scrapped. This follows intense pressure from various political parties and economists opposing the increase, as well as a...
by Ricardo | Apr 3, 2025 | About WVDW, Business, News
We’re excited to announce that WvdW Financial Services has partnered with Merchant Capital, one of South Africa’s leading providers of alternative working capital solutions for SMEs. Through this partnership, we can now help fast-track access to working capital...
by Ricardo | Mar 24, 2025 | Business, Individual, News, Trusts
Recently the Minister of Finance presented his 2025 – 2026 Budget Speech. What happens now? The Budget Speech approval process in South Africa follows a structured timeline throughout the financial year. Here’s a detailed breakdown with estimated dates: Budget Speech...
by Ricardo | Mar 13, 2025 | Business, News
The 2025 Tax Guide is a detailed breakdown of all matters of South Africa’s tax system for the year. Access the Tax Guide 2025 If you have any queries, please contact our offices for assistance. 011 476 1112 info@wvdw.co.za #WVDW #WVDWFinancialServices #MBServices...
by Ricardo | Mar 13, 2025 | Business, Individual, News, Trusts
Finance Minister Enoch Godongwana delivered the 2025 National Budget Speech on March 12, addressing critical economic issues, tax changes, and government spending priorities. While the budget introduces measures to stabilize revenue collection and support social...
by Ricardo | Feb 20, 2025 | Business, Individual, News
To explicitly target cryptocurrency trading and investment both domestically and internationally, the South African Revenue Service (SARS) has set up a dedicated cryptocurrency unit. The unit’s scope is essentially limitless, and SARS has verified that it can...
by Ricardo | Feb 3, 2025 | Business, Individual, News
The South African Reserve Bank announced on Thursday that the repo rate will be cut a further 25 basis points. This reduces the repo rate to 7.50% and the prime lending rate to 11.0%. This is the third interest rate cut in less than six months and more rate cuts are...
by Ricardo | Sep 12, 2024 | Business
The 2024 Directors Guide is a summary of some of the key issues affecting directors and officers of companies and provides an overview of relevant legislation pertaining to their office. Access the Directors Guide 2024 If you have any queries, please contact our...
by Ricardo | Sep 10, 2024 | Business, Individual, News
As part of our ongoing commitment to providing you with comprehensive financial solutions, we are thrilled to announce an exciting new partnership with Anchor, a premier wealth and asset management advisory firm. Take a look at the attached Anchor Capital leaflet for...
by Ricardo | Aug 16, 2024 | Business, Individual
There is often the confusion around the different taxes, today we will focus on provisional tax. What is it? It is not a separate tax form income tax. It is a method of paying your (or your company’s) income tax liability in advance, to ensure that the taxpayer does...
by WVDW | Apr 5, 2024 | Business, Individual, Tax Risk Insurance
There have been fraudulent actions on e-filing in the past few months. It does seem that these activities originate from within SARS, but SARS obviously categorically denied it. Emails or SMS alerting taxpayers to the requirement to authorise a change in their...
by WVDW | Mar 18, 2024 | Business, Individual, Tax Risk Insurance
Your tax filings not proceeding as smoothly as you had hoped for? Do you have further accounting, investment and tax related queries, please contact our offices for assistance. 011 476 1112info@wvdw.co.za WVDW #WVDWFinancialServices #bookkeepers #accountants #Director...
by WVDW | Nov 2, 2023 | Business, Individual
The Compensation for Occupational Injuries and Diseases Act (COIDA) is a South African law that provides compensation to employees who are injured or contract an occupational disease as a result of their employment. The Act also provides compensation to the dependents...
by WVDW | Sep 28, 2023 | Business
Any new business venture stars with executing a great business plan and it goes hand in hand with regulatory requirements. Herewith a list of requirements that new business owners in South Africa need to look at when starting down the entrepreneurial path: REGISTERING...
by WVDW | Jun 15, 2023 | Business, Individual
Author: Marianne Steinmann Are you a bookkeepers, an accountant, a business owners, a director, or do you employ domestic workers in your home? This article is for you. Register with the Compensation Fund To cover your workers against occupational diseases,...
