by Guthrie Colananni Attorneys | May 26, 2022 | General Interest, Tax
“Taxpayer: One who doesn’t have to pass a civil service exam to work for the government” (Anonymous) “Tax Freedom Day” is the first day of the year on which we South Africans (we’re talking about the “average” taxpayer here) have finally earned enough to pay off SARS...
by Guthrie Colananni Attorneys | Jan 26, 2022 | Economy, Tax
Finance Minister Enoch Godongwana has invited the public to share suggestions on the 2022 Budget he is expected to deliver on Wednesday 23 February 2022. The Ministry of Finance: “As usual, the budget allocation always aims to strike a balance between competing...
by Guthrie Colananni Attorneys | Sep 27, 2021 | Personal Finance, Tax
“The future of money is digital currency” (Bill Gates) If you are thinking of buying – or have bought – any “crypto asset” such as a cryptocurrency like Bitcoin, Ethereum, Polkadot, Solana (or any of the many other crypto currencies springing up all over the...
by Guthrie Colananni Attorneys | Dec 1, 2020 | Tax, Website of the Month
“People who complain about taxes can be divided into two classes: men and women” (Anon) How long will you work for the taxman today?Input your salary into the 2019 Tax Clock calculator and find out how many hours you will spend today working for the taxman, and at...
by Guthrie Colananni Attorneys | Dec 1, 2020 | Property, Tax
“Never take your eyes off the cash flow because it’s the lifeblood of business” (Richard Branson) A recent Supreme Court of Appeal (SCA) judgment has confirmed that when a property developer enters into an agreement with a buyer to transfer the property, even if the...
by Guthrie Colananni Attorneys | Dec 1, 2020 | Tax, Website of the Month
“People who complain about taxes can be divided into two classes: men and women” (Anon) How long will you work for the taxman today?Input your salary into the 2019 Tax Clock calculator and find out how many hours you will spend today working for the taxman, and at...
