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Alex Simpsons's Articles

What would happen if I don’t file my tax return on time ?

You will be charged Administrative Penalty (Admin Penalty) by SARS. This is a penalty levied under Section 210 of the Tax Administration Act (TAA). 

The benefits of having professionals managing your accounting and taxes

Your business’ financial management is just as important (if not, more so) as the value your company offers to the market. 

Why is it important to file your company Annual Returns yearly ?

All companies (including external companies) and close corporations are required by law to lodge their Annual Returns with CIPC within a certain period of time every year.

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