Bookkeeping Services Overberg

17/05/2026

SARS has again reminded employers that accurate payroll and tax data is not optional — it is a critical part of a smooth tax season.

The current Employer Annual Reconciliation (EMP501) filing window runs from 1 April 2026 to 31 May 2026, and SARS has made it clear that the quality of employer submissions directly affects employee tax outcomes.

When employer data is late, incomplete, or incorrect, the impact does not stop at payroll. It affects IRP5/IT3(a) certificates, pre-populated returns, auto-assessments, and ultimately the employee’s experience with SARS.

For employers, this is the season to slow down just enough to get it right:

✅ Reconcile EMP201s to EMP501 properly
✅ Check employee tax numbers and personal details
✅ Validate source codes and certificate data
✅ Review payroll changes before submission
✅ Fix exceptions before SARS finds them for you

Good payroll is not just about paying people correctly each month. It is also about submitting clean, compliant, audit-proof data when it matters most.

A smoother tax season starts long before filing opens. It starts with disciplined payroll controls.

16/05/2026

This is one of the most common (and costly) misconceptions:

SARS = tax compliance
CIPC = legal existence of your company

Miss your CIPC annual return, and your entity can be deregistered.

Missing a CIPC annual return doesn’t feel urgent…
until your bank freezes a facility or a tender falls through.

That’s when it becomes very real.

Did you know that any change in your Beneficial Ownership register must be submitted to CIPC within 10 business days?

CIPC filings require more than just a list of shareholders. You must identify the Natural Person in control.

Distinguish between the legal shareholder and the true Beneficial Owner.

09/05/2026

Who does not need to submit a tax return? 🧾

Not every taxpayer is required to file — but the rules matter.

For the 2026 year of assessment, you may not need to submit a return if your income consisted only of certain income types, such as:

✅ Salary from one employer only
✅ Local interest within the exemption limit
✅ Certain exempt dividends
✅ Tax-free investment income
✅ One retirement lump sum taxed according to a SARS directive

But please don’t skip the fine print. ⚠️

You may still need to submit a return if you had:

🚗 a travel allowance
🚙 a taxable company car benefit
🌍 income earned for services outside South Africa
📩 a request from SARS to submit a return

The key takeaway?

Do not assume you must file — but also do not assume you are exempt without checking the rules carefully.

When in doubt, verify before the deadline. It is always easier to check first than to fix penalties later.

Based on SARS Government Gazette No. 54598 dated 30 April 2026.

15/04/2026

Sars mobile unit dates for Overstrand.

15/04/2026

Xero roadshow with my staff.
Cape Town

01/04/2026

From today, it will cost me R490 extra to fill up my tank with diesel. That means every single kilometer I drive costs me R2.30!

If you want to work out your fuel cost, use this calculation:
Fuel Price per Litre x Litres used per 100km = Total cost for 100km
Total cost for 100km / 100 = Cost per single kilometre

Some good news: Government is cushioning the fuel blow by reducing fuel levy by R3 per liter for one month. This will cost R6bn in lost tax revenue, but will be a big relief for consumers.

Maya French

22/12/2025

Up in the Hemel & Aarde Valley for a Christmas Lunch in Dec 2025. Looking forward to a well deserved break and fresh for 2026.

28/10/2025

Employers! 📢 31 October 2025 is the deadline for Employer Interim Reconciliation submission.

Submit your declarations for the first six months of the reconciliation year (1 March - 31 August 2025) using SARS eFiling or e@syFile™ Employer.https://bit.ly/3Zm1pnM

28/09/2025

SARS Mobile Unit

SARS MOBILE UNIT VISITING OVERSTRAND

The South African Revenue Service (SARS) Mobile tax unit will be in Overstrand on selected dates from 09:00 to 15:00 to assist taxpayers with income tax returns, digital migration, e-Filing, tax registration, and general enquiries.

The SARS self-service kiosk at the Multi-Purpose Centre, New Harbour, Hermanus is open during municipal office hours.

• 30 September 2025 - Hawston Selfboustoor
• 1 October 2025 - Moffat Hall, Mount Pleasant

Issued by:
Overstrand Municipal Manager, Dean O’Neill

24/09/2025

Just Registered Your Company with CIPC? Here’s Your First Step with SARS

Did you know that to get started with your company tax obligations, you must register a representative with SARS?

If you have more than one registered director, nominate one as the official “representative person.”

Let us get you compliant. Bookkeeping Services Overberg