LMA Business & Tax Consulting

24/07/2023

5 July 2023 – Personal Income Tax taxpayers who qualify for this year’s Filing Season 2023 auto-assessment can now check whether they have been auto-assessed via the SARS Online Query Service functionality, click here. These are the various responses when you access and use this new ‘My Auto-a...

22/11/2022

Beware of scams and phishing

Do not open or respond to emails from unknown sources. Remember, SARS will never send you hyperlinks to other websites – even those of banks.

30/06/2022

The South African Revenue Service (SARS) has made significant changes to the 2022 Tax Filing Season. This year, over 3 million individual non-provisional taxpayers, have been auto-assessed by SARS and will not have to file a tax return if they are satisfied with the outcome.

28/04/2022

EMPLOYER ANNUAL RECONCILIATION SUBMISSION

The Annual Reconciliation Declaration (EMP501) submission period is open from 1 April - 31 May. Employers must submit their annual reconciliation declarations for the tax year that started on 1 March 2021 & ended on 28 February 2022, using e@syFile™ or SARS eFiling.

For more information, visit www.sars.gov.za

13/07/2021

Stay strong 🇿🇦

05/07/2021

Worried about POPIA affecting your business? Just follow these simple steps, or comment below with your questions. We'll be happy to help 💡

01/07/2021

Are you a small business owner worried about POPIA? Here's our free guide explaining what POPIA is and what simple steps you can take to ensure that your business is compliant!

A basic guide in simple language for South African business owners to ensure that they are compliant with the Protection of Personal Information Act (POPIA)

18/03/2021

A quick glance at tax implications of the 2021 Budget Speech for business owners

The pandemic has caused SA's government debt to rise to above 80% of GDP, with debt servicing costs now comprising over 20% of the budget.

16/03/2021

The little (and big) things add up! Save money and lower your tax burden by saving every tax invoice issued or receipt received by your business 🧾

23/02/2021

4 more days to file your 2020/21 business tax returns ⏳