Dear tax professional
The new tax changes are here. Enforced by SARS, these regulations came into effect on 1 March and, according to experts, are an important structural change in tax legislation. And these changes are causing uncertainty and stress.
The most important changes concern:
Changes to Capital Gains Tax;
Valuation of company cars for fringe benefit tax;
Provisional tax changes;
Medical tax rate increase;
Employer provided residential accommodation.
Ignorance of the law, especially when it comes to taxes you owe SARS, can be fatal to your business!
The Practical Tax Loose Leaf service has solutions to all of the new regulations in the Tax Acts!
The Practical Tax Loose Leaf contains everything you need to know about tax
Your rights when you’re audited
How long it takes SARS to issue another assessment
Capital Gains Tax
How to calculate your CGT liability, in 5 easy steps
How CGT affects small businesses
How CGT affects provisional taxpayers
Businesses: Allowances and Deductions
The difference between allowances and deductions
The golden rule for deducting expenses
Nine requirements to qualify for a deduction
Are you at risk? 14 typical cases that call for a capital reconciliation
How does SARS perform capital reconciliation? Here is their 9-step procedure
The formula SARS uses to perform a capital reconciliation
Company Cars and Travel Allowances
How to tax your employee’s private use of the company car
How to shrink the car’s fringe benefit tax to 3.25% if you bought it on a maintenance plan
Use depreciation to shrink the employee’s tax bill
The most effective way to save on tax
How to depreciate assets under R7 000
How to qualify for a deduction
Directors of Companies and Members of CCs
Directors/members’ remuneration is now subject to PAYE
How a director/member’s remuneration will be affected and taxed
Two other tax obligations and duties you should consider
How much donations tax you will pay
Consequences of making more than one donation
19 Allowable donations exempt from tax to reduce your tax bill
Deductions: Section 23(m)
Salary earners can claim these 13 deductions
Checklist: When you CAN claim a home office deduction
Tax-free reimbursement of your business expenses
How to pay a dividend
When you become liable to pay dividends tax
Who’s exempt from DT
How to avoid a SARS audit of your dividends
3 Legal tax obligations your employment contracts must meet
SARS gives you the thumbs-up on these 3 clauses
Avoid a 10% penalty by taking control of your taxable fringe benefits
12 taxable fringe benefits you need to know about
When R1 difference on the purchase price of your car will increase your tax saving
The different types of allowances
IRP5s, IT3(a) and ITREG
Three types of employee tax certificates and when to use them
5 situations when you must issue an employees’ tax certificate
Make sure you include this mandatory info so SARS doesn’t reject your tax certificate
Income: Gross Income
Formula for calculating your normal tax
Checklist: determine whether an amount falls within your gross income
Income: Exempt Income
When you can exclude exempt income
24 Absolute exemptions you can take advantage of
How to declare your exempt income to SARS
How the medical tax credits affect you
How to calculate the medical tax credit in four easy steps
What happens if you pay for your employee’s medical expenses
What to include in your provisional tax calculation
Eight easy steps to calculate provisional tax
Avoid these three penalties from SARS
15 Records you must keep to avoid penalties
3 Ways to legally keep your records
How to hang on to your ‘get out of jail free’ card
SMMEs and Small Business Corporations
SBCs have more tax benefits than SMMEs
Your SBC qualifies for tax investment incentives
What the benefits are of being an SMME
Skills Development Levies
One way out of paying SDL
Three employers exempt from SDL
How to calculate your SDL contributions
4 Types of SARS audits
What documentation SARS will request in an audit
6 Things to remember when it comes to a SARS audit
Use the experience our experts have with the tax Acts and discover how to legally pay less tax to SARS. You’ll discover exactly what taxes you have to pay and how much is due, not one cent more! Use our experts’ advice and you’ll be guaranteed to have more money in your pocket.
Are the tax Act changes and SARS red tape killing you?
In the Practical Tax Loose Leaf Service, there are dozens of sample documents, checklists, tips, step-by-step instructions on how to complete SARS’ forms, practical examples and warnings about tax deadlines, now at your disposal. And they’re complete, customisable and ready to print!
Spending time trying to correct your tax calculations? Don’t bother! The Practical Tax Loose Leaf Service will help you permanently remove any incorrect tax calculations!
Stop fuelling SARS’ bank account by paying penalties! How? Apply the secret techniques our tax experts have shared with us. Imagine beating SARS with its own weapons! Unbelievable but true! Check for yourself!
Have you misinterpreted the Tax Acts? Is legislation unclear?
The Practical Tax Loose Leaf Service brings order to the chaos of the tax Acts.
Stop wasting time... Find out today if you’re applying the latest tax legislation correctly.
There’s no down time! You’ll now have the latest changes and practical advice on all the tax Acts.
... How long does it take you to understand and correctly apply the new tax rules?
Save 90% of your time studying the changes in the tax Acts. You’ll now have clear, concise interpretation of the tax Acts. No figures of speech or unnecessary digressions! Just open the chapter you’re interested in!
Do the tax Acts seem unclear, incomplete, uninterpretable?
Our team of tax experts are here just for you. The tax laws are ambiguous and all the tips and secrets can only be interpreted by the experts. You’ll learn how to apply tax Acts to work in your favour.
We’ll even give you the correct interpretation of the recent legislative changes in the tax Acts!
All your tax problems will be history with the Practical Tax Loose Leaf Service
This service offers you hundreds of ways to solve the tax problems preventing you from reaching your goals. A team of tax specialists with practical and theoretical experience are permanently at your disposal to answer any of your tax problems. The Practical Tax Loose Leaf Service gives you all the information you need to conduct your business.
The Practical Tax Loose Leaf Service gives you all the information and solutions you need. Quickly and efficiently. Solve complex tasks quickly leaving you more time to spend with family or friends.
It’s an essential tool for you to achieve your goals. And you’ll get the respect and recognition from your peers that you deserve.
Fill out the order form now and see for yourself how useful The Practical Tax Loose Leaf Service is! We even offer a 30-day money back guarantee. If during these 30 days, you’ve used the information, examples, case study recommendations and you’re not completely satisfied, you can return The Practical Tax Loose Leaf Service in its original packaging to us. You’ll get a full refund, no questions asked.
What have you got to lose? Nothing! The Practical Tax Loose Leaf Service will make your job more relaxed, efficient and easy. This powerful tool is one we all desire. Especially for tax.
Try it! Join over 27 854 subscribers who’ve already benefited from The Practical Tax Loose Leaf Service.
Four reasons to subscribe to The Practical Tax Loose Leaf Service
In this booklet you’ll find:
What do other’s who’ve bought the Practical Tax Loose Leaf Service have to say?
Learn to work professionally!A talented team of experts, each excelling in a particular field - Corporate tax, tax audits, tax law will show you how to legally pay less money to SARS.
Sign up to the complete Practical Tax handbook Subscription Service!The Practical Tax Handbook comes with an essential updating service, the special report: Take on SARS and Win!, access to the 24/7 expert Tax advice helpdesk and three bonus tax saving reports.
You'll also immediately receive FIVE FREE BONUS GIFTS to help you take the hassle out of tax, audit-proof your business and make the Receiver your friend!
Combined, these gifts have a total value of R1 200 - Yours absolutely free
To welcome you as a new subscriber, you’ll get instant tax savings, with these FREE five gifts and services:
Total Value R2 997
But you only pay R997
(And it's backed with my 100% satisfaction guarantee)
Your entire package includes:
The 500 page Practical Tax handbook
valued at R1 797
Essential updating service
Pay as you go
Take on SARS and Win
valued at R159
Free expert advice to solve your tax problems
valued at R599
Tax deductions that will save you over R110 000
valued at R149
How to save R80 660 in company car taxes
valued at R149
30 Quick tax solutions for busy taxpayers
valued at R149