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Earning extra income in South Africa? You might be risking more than you think.

Whether you are working a second job, earning freelance income, or picking up part-time work in retirement, SARS wants its share, and it has the tools to get it. In this CapeTalk interview, Nicolas Botha, Tax Compliance Manager at Tax Consulting South Africa, explains how to stay on the right side of the law when juggling multiple income streams.

If your side hustle is serious, your tax plan should be too. Visit our website before SARS visits you: https://bit.ly/44meTnC

Key Topics Covered:

00:00 - Introduction
00:20 - Why more South Africans are turning to side hustles
01:00 - How SARS taxes extra income and freelance gigs
02:16 - Declaring cash income and common mistakes to avoid
04:00 - What retirees need to know about post-retirement jobs
07:08 - Should you register a business for your side hustle?

#SideHustleTax #SARSCompliance #TaxTipsSA

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In this interview with Radio 786, Jashwin Baijoo (Associate Director and Head of Strategic Engagement and Compliance) at Tax Consulting South Africa, unpacks SARS’ record R2.3 trillion revenue collection.

Key topics include:

• How SARS' modernisation strategy, driven by AI and automation, has improved efficiency.
  
  
• The role of the Compliance Programme in identifying and acting on deliberate non-compliance.
  
  
• The VAT increase, and how SARS is protecting against revenue leakage through audits and verification.
  
  
• Relief mechanisms available for financially distressed taxpayers.
  
  
• Why enhanced collection capabilities may be more effective than blanket tax hikes.

For more information, read the full article: https://bit.ly/3Y0dgZv

#SARS #TaxCompliance #SouthAfricanTax #RevenueCollection #VAT #Radio786 #TaxConsulting

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Are you a South African expat planning to access your retirement funds? Watch this @MoneywebHoldings interview before you make your next move.

Retirement and Pension Fund Specialist Shuanita de Wet from Tax Consulting SA explains the game-changing SARS directive that came into effect on 11 April 2025. With "emigration withdrawal" now phased out, expats must comply with the new “cessation of residency” process—or risk delays, rejections, and tax exposure.

Topics Covered:

00:45 – Why SARS replaced “emigration withdrawal” with “cessation of residency”
02:04 – New tax directive process and what changes on 11 April 2025
03:30 – Which retirement funds and annuities are affected
04:56 – Risks of non-compliance and SARS’s use of AI for enforcement
06:35 – How to stay compliant: the role of tax diagnostics and professional advice

Visit Tax Consulting South Africa for more guidance and expert insights: https://bit.ly/4jAU9xs

#SARS #TaxDirectives #SouthAfricanExpats #RetirementFunds #TaxResidency #FinancialPlanning #TaxCompliance #ExpatTax #TaxConsultingSA #SAfm #ShuanitaDeWet #SouthAfricaFinance #CrossBorderTax #Emigration

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