SA Corona Virus Online Portal Logo
CLICK HERE FOR MORE INFORMATION

Secondary

deadlinse

Preparations for tax deadline

With the end of the tax year around the corner, everyone should be getting their tax documentation in order. In a recent Moneyweb article, Gareth Collier of Crue Invest (Pty) Ltd shares a few actions to take before the end of the tax year. “Ensure you’ve taken all steps possible to reduce your overall tax liability,” Collier shares.

Here is his checklist – valuable information for you and your client:

1. Use your capital gains tax exemption of R40 000
2. Use your tax-free savings account allowance
3. Get certification of your donations
4. Top up your retirement fund
5. Claim for your Section 12 J investments

Click here to read the article that provides detail about all the above steps.

, ,

Comments are closed.