Category - Uncategorized

26
Apr

Moving Motor Vehicles To The Family Trust

By Jameel Dalvi (Group Director) The purpose of the Family Trust is to own all paid-up, risk-free assets. These include furniture, motor vehicles and certain investments (non-property). The Family Trust also represents the centre-point of a structured Last Will & Testament and Life Insurances. Unfortunately, unlike furniture which is quick and easy to transfer to …

13
Apr

Panama Papers

By Michael Dryden (Group Director) The recent leak of confidential information from a prominent legal firm in Panama has created quite a stir in the media and the tax fraternity. There have been many headlines that give the impression that anyone who had utilized structures in these ‘tax havens’ are in big trouble with the …

28
Feb

Tax Directives Commission Earners

By Clinton Forlee (Group Director) Due to the erratic income of many commissions earners, it is important to obtain Tax Directives annually as a means to smooth out PAYE deductions, and thereby enhancing cashflow. Tax Directives are obtained from SARS, and must be renewed annually after the new Tax Rates are announced in the Budget …

25
Feb

New Tax Calculator

By Jameel Dalvi (Group Director) We love to add value to our clients, and therefore every year we release an updated Tax Calculator after the new Tax Rates are announced in the Budget Speech. If you were wondering how your Income Tax would change based on the new Tax Rates, please refer to our Tax …

29
Jun

Tax Season: Maximize Your Deductions

By Jameel Dalvi (Group Director) The start of the Tax Season Filing for 2015 is fast approaching on 1 July 2015. 2015 Tax Return Due Dates Non-provisional taxpayers who use eFiling – 27 November 2015 Provisional taxpayers who use eFiling – 29 January 2016 We understand that submitting a tax return is a source of …

9
Jun

We Are Accountants

By Clinton Forlee (Group Director) Since our expansion at the beginning of last year into Real Estate and Financial Advisory, and changing our identity from FinServe Accounting to the FinServe Group, many have forgotten that we are still accountants at heart. The expansion has dramatically enhanced our accounting and taxation knowledge, and has reinvigorated our …