Services for Individuals

Having your taxes up to date is one of the tasks many people dread. It doesn’t need to be a headache anymore. The first step to coming right with your bookkeeping and tax is understanding what is involved.

Income tax is the normal tax which is paid on your taxable income.
Examples of amounts an individual may receive, and from which the taxable income is determined, include –
  • Remuneration (income from employment), such as, salaries, wages, bonuses, overtime pay, taxable (fringe) benefits, allowances and certain lump sum benefits
  • Profits or losses from a business or trade
  • Income or profits arising from an individual being a beneficiary of a trust
  • Director’s fees
  • Investment income, such as interest and foreign dividends
  • Rental income or losses
  • Income from royalties
  • Annuities
  • Pension income
  • Certain capital gains

If you’re not sure what you need to do to be SARS compliant or you just need assistance maintaining your books, contact us today and we’ll help you get on the right track.