TAX BITES - Employment Tax Incentive?Introduced in 2014, the Employment Tax Incentive (ETI) encourages the employment of young and less experienced work seekers. With millions of young South Africans excluded from participating in the economy, they are more likely to suffer the consequences of unemployment....
TAX BITES - What is an IT88?Many South African taxpayers owe SARS administrative penalties for failure to submit their personal income tax returns. If a taxpayer fails to respond to notices or demands concerning outstanding administrative penalties, SARS may under Section 179(1) of the Tax...
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Aug 5, 2021
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