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2021 Emergency Tax Relief for SMMEsBackgroundOn 25 July 2021, President Ramaphosa announced additional emergency tax measures for Small, Micro, and Medium Enterprises (SMMEs). This was in response to the continuing COVID-19 pandemic and recent unrest in the country that resulted in looting and the...

Income Tax Filing Season for Individuals – Effective 1 July 2021SARS have announced that the tax season for individuals in South Africa will officially open on 1 July 2021, and that it expects a significant number of taxpayers to be assessed automatically this year (“Auto-assessed”)....

Unemployment Insurance Fund Contribution Earnings Ceiling Increase – Effective 1 June 2021 With effect from 1 June 2021 all UIF deductions and contributions will be calculated based on the new earnings ceiling amount of R17,712 per month. The new maximum UIF deduction/contribution therefore amounts to R177.12. The...

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