Oosthuizen Booyse and Associates Inc.

27/10/2026

📢 ESSENTIAL SARS & BUSINESS LAW UPDATES:

Is Your Business Compliant?

The South African tax landscape has seen significant shifts over the last few months. The team at Oosthuizen Booyse and Associates Inc. is tracking these changes closely to keep your financial structures protected.

Here are the critical updates every business owner, director, and provisional taxpayer needs to know right now:

🔹 Stricter Payroll & ETI Penalties: New tax legislation enforces heavy punitive penalties on employers who abuse the Employment Tax Incentive (ETI) through non-compliant or fictitious employment structures.

🔹 New Provisional Tax Thresholds: For the 2027 tax year onwards, the basic amount threshold for provisional taxpayers has been raised to R1.8 million (up from R1 million).

🔹 Expanded SARS Enforcement: SARS has significantly increased its enforcement powers, implementing unannounced business premises inspections, automated data matching, and direct recovery measures.

🔹 Carbon Tax Phase 2: Phase 2 is officially underway, introducing higher penalty rates (R640/tCO2e) and mandatory carbon budgets for emitting entities.

🔹 VAT Stability: Following the October Medium-Term Budget Policy Statement, the standard VAT rate remains stable at 15%, backed by stronger-than-expected corporate and VAT collections.

With SARS ramping up audits and utilizing advanced data tracking, proactive compliance is your best line of defense.

Don't leave your corporate or personal tax to chance. Let our qualified team audit your structures, manage your provisional obligations, and ensure you remain fully compliant while maximizing your deductions.

☕ Visit our offices in Hillcrest or send us a message to schedule your consultation.

📞 Contact us today: 087 004 0600

📍 Located in Hillcrest, KwaZulu-Natal

29/06/2026

Dear valued client,

Due to the uncertainty surrounding the anti-immigration protests, we have taken the decision to close our offices and allow our staff to work remotely on Tuesday, 30 June 2026.

Allowing our staff to work from home minimises the risks associated with travelling to and from our offices.

On 30 June 2026, it will be business as usual, as all our staff will have full access to the necessary resources, including phone lines, while working from home.

Our office number (087 004 0600) will still be in full operation during this time.

The Directors.

28/06/2026

📢 The 2026 SARS Tax Season is Here: Is Your Business and Personal Portfolio Fully Compliant?

The South African Revenue Service (SARS) 2026 Personal Income Tax Filing Season officially begins this July.

Navigating the constant updates, shifting deadlines, and compliance requirements can be overwhelming.

Whether you need to submit your current 2026 return, catch up on outstanding submissions from past tax years, or restructure your portfolio for maximum tax efficiency, our team is here to secure your financial peace of mind.

Below is your essential guide to the 2026 season, key changes, and critical deadlines.

⏳ Key Tax Deadlines You Cannot Afford to Miss

Failing to meet these dates results in immediate, automatic administrative penalties ranging from R250 to R16,000 per month for every month a return remains outstanding.

* 1 July – 12 July 2026: SARS Auto-Assessments are issued.

* 13 July 2026: Manual filing opens for all individual taxpayers.

* 23 October 2026: Deadline for Non-Provisional Taxpayers (salaried employees).

* 23 October 2026: Deadline to dispute or correct an Auto-Assessment.

* 19 September 2026 – 22 January 2027: Filing window for Trusts.

* 22 January 2027: Deadline for Provisional Taxpayers (individuals with multiple income streams, freelance, or rental income).

🔄 What is New in 2026?

Crucial SARS Updates..

SARS has introduced several digital and structural shifts this year that directly impact how your data is processed:

* Hands-Off Auto-Assessments: If you agree with your auto-assessment, you no longer need to manually accept it. However, if it is incorrect or missing deductions, you must file a correction before 23 October 2026.

* Enhanced Pre-Filled Data: SARS is pulling deeper third-party data from medical aids, banks, and investment houses. Any discrepancies between your actual certificates and their pre-filled data will trigger immediate audits.

* The Digital "Waiting Room": SARS eFiling has introduced a Limited Functionality Webpage queue system to handle peak traffic, which may delay unassisted filers.

* Streamlined WhatsApp Tools: Notice of Assessments (ITA34) and supporting document uploads can now be initiated via mobile, though strict formatting rules apply.

🛡️ Why You Need a Registered Tax Practitioner

Tax compliance is no longer just about filling in a form. It is about strategic planning and risk mitigation.

Partnering with a Registered Tax Practitioner such as ourselves ensures:

* Legal Compliance:

We are regulated by our controlling bodies and SARS, ensuring your filings strictly adhere to the latest legislative updates.

* Historical Clean-ups:

We specialize in regularising past tax years, resolving long-standing disputes, lifting non-compliance blocks, and negotiating penalty waivers.

* Tax Planning & Structural Assessments:

We look at the bigger picture. We analyze your business structures, trusts, and personal investments to legally minimize your tax liability and maximize future wealth.

* Audit Protection:

If SARS selects you for verification or a deep-dive audit, we manage the entire legal correspondence and document submission process on your behalf.

🤝 Let Us Take the Burden Off Your Shoulders

Don't leave your financial health to chance or automated algorithms.

Let our professional team handle your 2026 submission, past unresolved tax queries, and long-term tax structuring.

📧 Email us at: [email protected]

📞 Call us on: 087 004 0600

🟩 Or simply send us a a Whatsapp to our dedicated tax WhatsApp number : +27 68 147 7386

28/06/2026

We are excited to announce a major milestone reached with our service offerings to our clients by Introducing our new affiliation OBAA Registered Auditors Inc.

22/12/2025

🇿🇦 2025 Retrospective: Navigating the Evolution of South African Tax & Finance

As we prepare to close the 2025 calendar year, the team at Oosthuizen Booyse and Associates Inc has been reflecting on a year of significant transition for both individual taxpayers and the business sector.

The landscape has changed, and staying ahead of the curve has never been more vital.

Here is our summary of the 2025 milestones and a glimpse into what 2026 holds:

🔍 2025: The Year in Review

* The Two-Pot Reality: This was the year the Two-Pot Retirement System truly hit home. We assisted many clients in understanding the tax implications of their "Savings Component" withdrawals, which are taxed at marginal rates.

* SARS Modernization: 2025 saw a massive surge in AI-driven auto-assessments. SARS has become increasingly efficient at identifying discrepancies through third-party data matching.

* Interest Rate Relief: After a long wait, the late-2024 and 2025 rate cuts provided much-needed breathing room for debt-servicing businesses and homeowners alike.

* Infrastructure Incentives: We saw a continued focus on tax breaks for renewable energy and infrastructure, as the Government of National Unity (GNU) pushed for economic stability.

🚀 Looking Ahead: What’s on the Horizon for 2026?

The 2026 tax year (starting 1 March 2026 for individuals) is already shaping up to be a busy one:

* Strict Payroll Compliance: SARS is moving toward a "real-time" payroll reporting environment. By 2026, the margin for error in monthly EMP201 submissions will be virtually zero.

* Corporate Transparency: Expect more rigorous "Ultimate Beneficial Ownership" (UBO) reporting requirements to ensure South Africa remains off the FATF greylist.

* Bracket Creep Awareness: With inflation remaining a factor, "bracket creep" is a real risk. Professional tax structuring will be essential to ensure you aren't paying more than your fair share as your income grows.

* The 2026 Budget Speech: We are keeping a close eye on the February 2026 Budget Speech, which will dictate the fiscal path for the remainder of the decade.

💡 Partner with the Experts

At Oosthuizen Booyse and Associates Inc, we don't just crunch numbers; we provide the insight you need to thrive in a changing economy.

Whether you are looking for corporate compliance or personal tax optimization, we are here to guide you.

22/12/2025

Dear Valued Client,

​As we wrap up 2025, we want to say thank you for your continued support this year!

​Please take note of our festive season office closure:

​🚪 Closing: Friday, 19 December 2025
🔑 Reopening: Monday, 05 January 2026

​We wish you a wonderful festive season and a happy New Year! 🌟

​Warm regards,

The OBAA Team

10/08/2025

Should my small business be registered for VAT?

If SARS discovers that your business has exceeded the R1-million annual turnover threshold, they can register you automatically. SARS can backdate the registration to when the business first crossed the threshold, leading to unexpected penalties and interest, even if you never charged your customers...

14/03/2025

Dear Clients,

Oosthuizen Booyse and Associates Inc. has conducted an in-depth analysis of the 2024 Budget Speech, utilizing primary sources from the National Treasury and SARS.

Here’s a detailed breakdown of the key implications:

1. Fiscal Policy and Debt Management (National Treasury):

Fiscal Consolidation:

The budget prioritizes stabilizing public finances and reducing the national debt.

This involves stringent expenditure control and efforts to achieve a primary budget surplus.

Debt Reduction:

The government aims to slow the rate of debt accumulation and reduce debt-service costs.

This strategy is crucial for long-term fiscal sustainability.

2. Tax and Revenue Measures:

VAT Rate Adjustment (National Treasury):

A phased VAT rate increase:

15.5% effective 1 May 2025, and 16% effective 1 April 2026.

This measure is a key component of the government's revenue mobilization strategy.

VAT Zero-Rated Goods (National Treasury):

Expansion of the list of zero-rated food items to mitigate the impact of the VAT increase on low-income households. This includes specific additions to meat and vegetable products.

Excise Duties (National Treasury):

Increases in excise duties on alcohol and to***co products.

Personal Income Tax (National Treasury/SARS):

No significant changes to personal income tax rates.

However, SARS will intensify efforts to ensure compliance and accurate tax filing.

Corporate Income Tax (National Treasury/SARS):

Emphasis on ensuring compliance, and closing of tax loop holes.

Information regarding specific business incentives will be made available by SARS, and the national treasury in the coming weeks.

3. SARS Administration and Compliance:

Enhanced Compliance Measures (SARS):

SARS is strengthening its capacity to detect and address tax evasion and non-compliance.
Increased focus on digital transformation to improve service delivery and compliance monitoring.

Digital Services:

SARS is continuing to improve its digital services to make it easier for taxpayers to comply with their obligations.

4. Business Impact:

Infrastructure Investment (National Treasury):

Significant allocations for infrastructure projects, creating opportunities in construction and related sectors.

Economic Growth Initiatives (National Treasury):

Measures to stimulate economic growth, including support for SMEs and initiatives to address the energy crisis.

Energy Sector (National Treasury):

Continued focus on addressing the energy crisis, with implications for business operational costs.

Actionable Insights:

Businesses should prepare for the phased VAT rate increases and ensure their systems are updated.

Taxpayers must maintain accurate records and comply with SARS regulations.

Businesses should explore opportunities arising from infrastructure investments and economic growth initiatives.

For comprehensive details, please:

Download our Oosthuizen Booyse and Associates Inc. app on the Google Play Store. We will be providing more information.

Please contact us for a consultation for in depth advisory and consulting relating to your individual business needs.

Visit the National Treasury website:

www.treasury.gov.za

and
https://www.treasury.gov.za/documents/national%20budget/2024/speech/speech.pdf

Visit the SARS website: www.sars.gov.za and https://www.sars.gov.za/newsroom/

We are committed to providing expert guidance. Contact us for personalized advice.

Sincerely,

The Directors of Oosthuizen Booyse and Associates Inc.

25/02/2025

Protect Your Bottom Line!

✅ Audit-ready books mean peace of mind.

Whether it’s monthly management accounts or annual financial statements, OBAA ensures accuracy, compliance, and transparency.

📞 Call us today for expert accounting support!

087 004 0600

24/02/2025

🎯 Boost Growth with SARS Incentives

SARS offers incentives for businesses investing in renewable energy, employee training, and research and development. Leveraging these can reduce your tax liability while promoting business innovation.

💡 Partner with OBAA to align tax strategies with your growth goals!

www.ob-group.co.za