Articles Published - Tax Law Archives

Blog | The 2026 tax filing season: Key deadlines, auto-assessments, and filing requirements for taxpayers

Following its recent gazetting of an important notice setting out the filing deadlines and categories of taxpayers required to submit income tax returns for the 2026 year of assessment, the South African Revenue Service (‘SARS’) has also confirmed the auto-assessment

Pulse | SMEs and VAT deregistration: Navigating the new R2.3 million threshold

Expectedly, the increase in South Africa’s compulsory VAT registration threshold from R1 million to R2.3 million – effective 1st April 2026 – has been well received, particularly by small and medium enterprises (‘SMEs’). While the adjustment reduces the number of

All About Property | March 2026

In case you missed it: What the R3 million primary residence exclusion means for homeowners In another notable win for property owners, the capital gains tax exclusion on the disposal of a primary residence has been raised from R2 million

All About Property | What the R3 million primary residence CGT exclusion means for South African homeowners

As previously reported, the 2026/27 Budget incorporates a notable change to the tax treatment of the disposal of residential property in South Africa: Increasing the primary residence capital gains tax (‘CGT’) exclusion from R2 million to R3 million. A tax

All About Property | SARS enhances transfer duty requirements: Implications for property transactions

Effective 8th December 2025, the South African Revenue Service (‘SARS’) has implemented important enhancements to the Transfer Duty Declaration (TDC01) process on eFiling. According to SARS’ release, these changes are aimed at simplifying compliance, reducing inaccurate declarations, and improving the

Blog | It’s official: The 2025/26 tax season kicks off today

With the automatic assessment of a large contingent of taxpayers commencing today, the 2025/26 tax season is officially underway. It is imperative that individual taxpayers, employers, and tax service providers remain aware of the deadlines for the filing of income

Blog | Explainer: How do I calculate capital gains tax?

The determination of capital gains tax (‘CGT’) is regulated under the Eighth Schedule to the Income Tax Act (‘the Act’). The payment of CGT, which forms part of income tax, arises on the disposal of an asset, including immovable property,

Pulse | The Constitutional Court clarifies FBE exemptions as SARS loses out on R800 million tax bill

Recently, the Constitutional Court delivered a landmark ruling in Coronation Investment Management SA (Pty) Limited v Commissioner for the South African Revenue Service, bringing an end to a protracted legal battle between SARS and a holding company having its tax

STBB Newsflash | The National Budget Speech: Crunching the Numbers

This afternoon, the much-anticipated Budget Speech was tabled by Finance Minister Godongwana at Cape Town City Hall. Delivered against the backdrop of a projected revenue shortfall of R54 billion for the 2024/25 financial year, the Budget Speech contained the following

Buchanan’s Brief | Issue 1 of 2017 | New Tax On Loans To Trusts

A new insert in the recently amended Income Tax Act sees interest-free and low- interest loans to trusts now made subject to donations tax of 20%. And not only does it apply to loans made from 1 March 2017, but