A UIF (Un-employment Insurance Fund) registration becomes necessary when a third party is contracted to render services to the business. This registration provides insurance to the employee for his/her salary in the event of a job being lost due to no fault of his own.
The 2024 Budget Speech in South Africa has unveiled a series of fiscal measures and spending programs that aim to balance economic growth with fiscal responsibility. This year’s budget is particularly noteworthy given its proximity to the upcoming elections, a factor that seems to have influenced the government’s cautious approach to major tax changes. The
There has been a warning to taxpayers who fail to provide pertinent documentation in a timely manner to support their value-added tax (Vat) filings. Effective immediately, the South African Revenue Service (SARS) will start providing estimated assessments. After the estimated assessment is released, the Vat vendor will not be able to file a request for adjustment
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