You have spent months contemplating making your big move – you know where you’re going to go, you know what you’ll be doing when you get there, it’s all looking great, but… do you understand the financial implications of emigrating or working outside South Africa?

As a South African who has done exactly that, and expanded her business in her new homeland, Annja Louca is ideally placed to advise you on what to do, and what not to do.

This is our 24th newsletter! We have been writing newsletters for two years and they have been an amazing tool to stay in touch with our clients and make sure they have the necessary information they need in their business and life.

Individuals who are registered for provisional tax and haven’t submit their tax returns for the 2020 tax year (1 March 2019 – 29 Feb 2020) can now do so before the 29th of January 2021.

The same information is required as per the following blog.

If you would like us to assist you with your tax return, please let us know and we will get this done as soon as possible.

10 years and still growing strong!

It’s hard to believe that we started Anlo ten years ago here in South Africa, and yet here we are, a whole decade down the line, with more people and experience than we could have imagined and still growing. In the span of those years we have not only grown our original business, but spread our wings, almost literally, and established Anlo in the United Kingdom.

All employers registered for PAYE with SARS needs to submit their EMP501 reconciliation before the end of October every year. These are payroll details for the period starting 1st of March to 31 August.

This helps SARS to ensure that the PAYE, UIF and SDL information submitted by employers are correct compared to the payroll system as well as to what was paid over.

By: Esmerelda Doman

We did a presentation on tax returns for employees who are uncertain how to navigate the new changes at SARS. We have added comments in italics below each section to give you a bit more information, the more you understand, the easier this will all be!

What is Basic Income Tax?

This is Anlo’s July Newsletter. If you would like to receive our newsletter, which has lots of great tips and updates, please add your email to the list! Simply subscribe by filling out the form.

Thank you to everyone who have sent their tax documents already. We have saved them and have started preparing your returns for filing.

The tax seasons opens on the 1st of September and we only have until the 16th of November to file non-provisional taxpayers tax returns electronically.

Please send your information to us if you would like us to file your tax return; the sooner the better!

This is Anlo’s May Newsletter. If you would like to receive our newsletter, which has lots of great tips and updates, please add your email to the list! Simply subscribe by filling out the form.

The Personal Tax Season is only opening on the 1st of September 2020. It was pushed out due to Covid-19

The deadline will still be the end of November for individuals not registered for provisional tax, which means that we will only have 3 months to file all returns.

If you have received your IRP5, Medical aid certificate, Retirement annuity certificate and sole trader bank statements, kindly send these to us so that we can start preparing for your returns.

If you would like us to handle your tax affairs, please send us your tax documents and information and we will prepare your tax return as soon as possible. Alternatively feel free to contact us to discuss your requirements.

The most important thing that can guide us is past events. Even though this is not an indicator of what the future may hold, we need to use tools we have gained from experience to help us bounce back quicker.

There are a few similarities between the 2008 recession and what is happening currently: the uncertainty in markets, including consumer markets, the dramatic fluctuations in stock exchanges, and the political reaction of ‘whatever it takes’ to survive and succeed makes economies unstable and worried. All around the world are indicators that we are in a recession.

It is true than many things are quite different, but this blog is about surviving and planning for the worst 😊.

This is Anlo’s April Newsletter. If you would like to receive our newsletter, which has lots of great tips and updates, please add your email to the list! Simply subscirbe by filling out the form.