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 | 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 21, 2025 | Individual, SARS
It’s Tax Season – Auto Assessments Including Acceptance/Rejection Closed, Non-Provisional Tax Closed, Provisional Still Open Miss your Auto Assessment Acceptance/rejection? Miss your Non-Provisional submission deadline? Don’t know whether you are eligible for...
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 | Aug 19, 2025 | Individual
With provisional tax submissions being open for this tax season, a reminder as to what it is, who qualifies to be a provisional tax payer, exceptions, when are submissions and when it should be paid, what estimated taxable income is based on, potential penalties and...
by Ricardo | Jul 2, 2025 | Individual, News
The 2025 WVDW Tax Guide Is Now Available for Download At WVDW, tax season isn’t just a once-a-year obligation — it’s personal. We understand that your time, income, and peace of mind matter. That’s why we’ve created the WVDW Tax Guide 2025, a detailed, easy-to-follow...
by Ricardo | Jun 9, 2025 | Individual, News
Tax season doesn’t need to be stressful or time-consuming. At WVDW, we offer a comprehensive personal tax service that takes care of everything – so you don’t have to. Whether you’re an individual navigating annual tax returns or a high-net-worth individual with...
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 | 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, 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 | Mar 12, 2025 | Individual, News
Time is everything. How much you need to save for retirement depends on your age. The earlier you start, the more you can gain from investment compounding and the less you must save per month. Here are three retirement rule of thumb calculations (Remember that none of...
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 | Nov 20, 2024 | Individual
Individual tax payers please note the following information with regards to your tax submissions and their due dates for auto assessments, non-provisional tax payers, and provisional tax payers: • Auto assessments ended and acceptance or rejection of the auto...
by Ricardo | Oct 22, 2024 | Individual
Individual tax payers please note the following information with regards to your tax submissions and their due dates for auto assessments, non-provisional tax payers, and provisional tax payers: • Auto assessments ended and acceptance or rejection of the auto...
by Ricardo | Oct 21, 2024 | Individual
Individual tax payers please note the following information with regards to your tax submissions and their due dates for auto assessments, non-provisional tax payers, and provisional tax payers: Auto assessments ended and acceptance or rejection of the auto assessment...
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 Ricardo | Aug 14, 2024 | Individual
The South African Revenue Service (SARS) sent a letter to stakeholders warning that it plans to get tougher on non-compliant taxpayers in South Africa. In the past SARS could only levy a late submission of return penalty where TWO or more tax returns are outstanding....
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 | Jan 30, 2024 | Individual, Tax Risk Insurance
The South African Revenue Service (SARS) has a wealth of data about taxpayers, as evidenced by a recent High Court decision. The SA Revenue Service triumphed in CSARS v. M after SARS questioned a taxpayer about a discrepancy between what was on their tax...
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 | Aug 31, 2023 | Individual
Do you have a will? Do you care and look after others that my not be a relative? If you want someone to be a beneficiary of your estate, especially when they are not directly related to you, you need to expressly mention them in your will as a beneficiary. (Allex...
by WVDW | Jul 13, 2023 | Individual
Author: Wessie van der Westhuizen Are you a business owners, a director, or senior manager? This article is for you. 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...
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,...
by WVDW | Dec 13, 2021 | Individual
Do you care and look after others that my not be a relative? If you want someone to be a beneficiary of your estate, especially when they are not directly related to you, you need to expressly mention them in your will as a beneficiary. We saw lately in the news how...
