How to calculate income tax in South Africa
Work from IRP5/IT3(a) income, apply the SARS tables and rebates, then see tax owing or a refund. Use the personal income tax calculator for years 2018 to 2027.
By: Dewald Theron
Work from IRP5/IT3(a) income, apply the SARS tables and rebates, then see tax owing or a refund. Use the personal income tax calculator for years 2018 to 2027.
By: Dewald Theron
Estimate taxable income, apply the tax tables, then work out the first and second IRP6 payments. Dates and a company note included.
By: Dewald Theron
Add 15% VAT to a price, or take it out, with the two standard South African formulas and a rand example each way.
By: Dewald Theron
Running a business in South Africa is a challenge. Quite apart from the political and economic conditions, every business must also comply with a web of governance, regulatory, tax, and labour law requirements. It’s a massive cost burden, but failing to comply can mean...
By: Dewald Theron
For individual provisional taxpayers and for companies with a February year-end, the end of August brings yet another tax deadline: the first provisional tax payment for the 2027 tax year, covering the period 1 March 2026 – 28 February 2027.
By: Dewald Theron
Every business leader, from the corner office to the corner store, has a story they wish they could rewrite. A product launched too early, a hire made too hastily, a pivot that led off a cliff. Despite this, bad business decisions are not a sign of a bad leader, they are...
By: Dewald Theron
As cloud-based software delivery has lowered the barrier to adoption, many companies are starting to lose track of the number of software subscriptions they have. This phenomenon is known as “SaaS creep” (SaaS stands for Software as a Service) and research suggests that the...
By: Dewald Theron
Nobody checks the fixed asset register until a buyer's advisors do. A former financial manager on what due diligence does to bad records — and what it costs the seller.
By: Dewald Theron
Big businesses have big budgets, big teams, and big safety nets. Small businesses have none of these things … And at times this can be to their advantage. The mistake many small business owners make is looking up towards their conglomerate competition and trying to replicate...
By: Dewald Theron