ALLAN GRAY - Tips to help you get on top of your tax return this year.
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GUEST - Meagan Fraser, tax manager at Allan Gray
The income tax season is officially open. And with National Treasury facing a R7.5 billion budget shortfall following the reversal of a proposed VAT increase, the South African Revenue Service is under pressure to collect more revenue from taxpayers to plug the hole. As a taxpayer, understanding what your filing obligations are is crucial to ensuring that you remain tax compliant and avoid what are expected to be harsher late-filing penalties.
Meagan Fraser, tax manager at Allan Gray, joins Kaya Biz to discuss everything you need to know about filing an income tax return this year.
The income tax season is officially open. And with National Treasury facing a R7.5 billion budget shortfall following the reversal of a proposed VAT increase, the South African Revenue Service is under pressure to collect more revenue from taxpayers to plug the hole. As a taxpayer, understanding what your filing obligations are is crucial to ensuring that you remain tax compliant and avoid what are expected to be harsher late-filing penalties.
Meagan Fraser, tax manager at Allan Gray, joins Kaya Biz to discuss everything you need to know about filing an income tax return this year.
