by Guthrie Colananni Attorneys | Jan 27, 2023 | Economy, Tax
“Finally, we pay tribute to the millions of South Africans, whose resilience and courage during these times of pandemic and economic hardship, is an inspiration to all of us who have the privilege to serve in the public sector.” (From the 2022 Budget Speech) Finance...
by Guthrie Colananni Attorneys | Jan 3, 2023 | Business, Tax
“Owning one’s own business is an adventure – enjoy it every step of the way.” (From the SME Toolkit article referenced below) First, three questions to ask yourself… If you dream of going into business for your own account in 2023, ask yourself these...
by Guthrie Colananni Attorneys | Jan 3, 2023 | Criminal Law / Crime, Tax
“Administrative penalties and criminal proceedings do not serve the same purpose. The [one] is aimed at strengthening internal controls of the administrative authority and to promote compliance while the other is aimed at correcting a behaviour that caused harm to the...
by Guthrie Colananni Attorneys | Nov 28, 2022 | Property, Tax
December and January have always been prime months for selling residential property in South Africa, and if you are a “Festive Season Seller”, here are two really important tips for you. Plan your financesUnderstand and plan for all the financial implications, not...
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...
