TaxTim @TaxTim

Let #TaxTim help you complete and file your tax return with confidence. Quickly. Easily. Correctly taxtim.com/za/ Cape Town, South Africa Joined October 2011

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TaxTim @TaxTim

6 days ago

Do not wait until filing season opens. Register with TaxTim now and get your tax documents ready in one place. Not sure which documents you need? Read our guide: taxtim.com/za/blog/what-s…

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Your IRP5 is usually the main one if you are employed. It shows your income, deductions and PAYE paid to SARS for the 2026 tax year, from 1 March 2025 to 28 February 2026. If you have not received it yet, follow up with HR or payroll.

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TaxTim @TaxTim

6 days ago

Tax season opens soon. Are your docs ready? By now, most of your 2026 tax documents should be available or on the way. Start getting them together now, so you are not searching for everything when it is time to file.

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TaxTim @TaxTim

2 weeks ago

There was also a VAT change. The compulsory VAT registration threshold increased from R1 million to R2.3 million. That gives growing small businesses more breathing room before VAT registration becomes mandatory. Read the Budget 2026 tax changes here: taxtim.com/za/blog/budget…

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TaxTim @TaxTim

2 weeks ago

Turnover Tax is a simplified tax system for qualifying micro businesses. Instead of dealing with multiple tax types in the usual way, qualifying businesses can use a simpler system based on turnover. The tax-free Turnover Tax band also increased from R355,000 to R600,000.

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TaxTim @TaxTim

2 weeks ago

Small business owner? One of the biggest practical changes from South Africa’s 2026 Budget Speech is now in effect. From 1 April 2026, the Turnover Tax threshold increased from R1 million to R2.3 million. That means more micro businesses may now qualify.

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TaxTim @TaxTim

2 weeks ago

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TaxTim @TaxTim

2 weeks ago

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TaxTim @TaxTim

2 weeks ago

📅 Filing Season 2026 is confirmed. For most of us, it opens 13 July. Auto-Assessments: 1–12 July Non-Provisional: 13 July–23 Oct Provisional: 13 July–22 Jan 2027 Trusts: 13 July–22 Jan 2027 Don't leave it to the last minute. File with TaxTim 👇 taxtim.com/za/services/

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TaxTim @TaxTim

2 weeks ago

We’re excited to welcome @alexforbes as a new TaxTim partner. From today, Alexforbes members can save on filing their tax through TaxTim: → 30% off when you buy a voucher ahead of tax season (early bird) → 25% off during tax season Start here: taxtim.com/za/alexforbes

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TaxTim @TaxTim

3 weeks ago

(3) The small business market value limit increased from R10 million to R15 million. In simple terms, this gives more room for qualifying small business owners to get tax relief when selling business assets, if they meet the rules.

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TaxTim @TaxTim

3 weeks ago

(2) The annual exclusion increased from R40,000 to R50,000. That means the first R50,000 of capital gains you make in a tax year can be ignored for CGT.

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TaxTim @TaxTim

3 weeks ago

Thinking of selling your home, shares, crypto, or a business asset? There were three useful Capital Gains Tax changes earlier this year. Here’s what changed.

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TaxTim @TaxTim

4 weeks ago

A TFSA can be a simple way to build long-term savings, while keeping the tax side clean. It does not reduce your taxable income like a retirement annuity can, but it does help your investment growth stay tax-free. Read more here: taxtim.com/za/blog/tax-fr…

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TaxTim @TaxTim

4 weeks ago

There are two important TFSA limits to remember: R46,000 per tax year. R500,000 over your lifetime. If you contribute more than the allowed limit, SARS can tax the excess at 40%. So it’s better to contribute steadily and keep track.

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TaxTim @TaxTim

4 weeks ago

A Tax-Free Savings Account, or TFSA, helps your money grow without tax on the interest, dividends, or capital gains. For the 2026 tax year, the annual TFSA limit increased to R46,000. Here’s what that could mean in real life.