Tuesday, 28 February 2012
Sunday, 26 February 2012
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Friday, 24 February 2012
Thursday, 23 February 2012
Wednesday, 22 February 2012
How to E-file: SARS Tax Return
Completing and filing your tax return form can be a huge task. In some cases it might mean endless amounts of paperwork and searching for and tracking down lost slips and documents. At other times it may mean giving up your personal relaxation time to meet with tax consultants in order to catch up with previous filings. Either way, the task can become overwhelming.
Most of this changed a few years ago when SARS (along with most of the world’s tax collection divisions) introduced the ability to file tax returns electronically. This new system allows users to more effectively manage their returns with much less hassle and paperwork.
In order to register for E-Filing with SARS, one needs to visit their official website with your valid tax number, ID Number, Banking Details and any other personal information required (check The SARS website FAQ section for more details if you aren’t certain.)
Once you have registered it is as easy as following the online steps with all of the necessary information and filling in the correct forms (which are all provided by SARS). Make sure to have all of your necessary documents with you, such as your IRP5 which you will need to fill in some of the online forms. The e-Filing system also provides an automatic tax calculator that gives you an estimate based on your information (earnings, penalties, return claims, etc).
To make some of your return claims easier to manage if you are one of the individuals or companies that keeps mandatory logbooks, check out The Little Logbook’s new GPS Logging system. Visit the website or contact (011) 050-0999. You can also send an e-mail to sales@littlelogbook.co.za
Monday, 20 February 2012
Sunday, 19 February 2012
Friday, 17 February 2012
Thursday, 16 February 2012
New Gauteng Tolling System
The new tolling system that is to be implemented in Gauteng over the next few months has been a topic of debate since the media caught on to it in 2010. The proposed toll feels range from 40 cents/km to R2/km. Among the issues of debate are why minibus taxis will be exempt from the tolling. SANRAL and government officials have commented on this, saying that the taxis will not pay toll fees, as it will result in higher process for their customers, and in a bid to promote public transport throughout the country, this would not be a favourable outcome.
However, there is no word on whether other forms of road transport would be exempt. For instance, companies offering shuttle services to and from hotels, airports and tourist destinations will surely have to pay the toll fees. Also, it seems that these private companies make substantial use of highways and the stipulated tolling areas, which will make them prime users of the tolling system. This means that the cost of their services will need to increase, and customers may be lost.
This will likely be part of the Gauteng governments plan, as their public transport efforts have not been very successful yet, and their Gautrain service is somewhat expensive and offers little in the way of destination choice. Forcing private sector companies to increase their prices gives a better chance to public transport in the future.
Monday, 13 February 2012
Sunday, 12 February 2012
Saturday, 11 February 2012
Friday, 10 February 2012
Thursday, 9 February 2012
Wednesday, 8 February 2012
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