Company Directors Take Note: Complying with Your Duties is a Big Deal
SARS’ Crypto Crackdown Intensifies with Dedicated Crypto Unit
Nexia SAB&T on 15/08/2025

SARS’ Crypto Crackdown Intensifies with Dedicated Crypto Unit

Did you know that tax is payable on crypto asset transactions? SARS has intensified its focus on crypto asset trading recently, significantly improving its capacity to detect crypto activity and non-compliance with advanced analytics, extensive data-sharing arrangements with crypto exchanges, and a dedicated Crypto Asset Unit.

NCOP Passes 2025 Appropriation Bill and Eskom Debt Relief Amendment Bill
Nexia SAB&T on 11/08/2025

NCOP Passes 2025 Appropriation Bill and Eskom Debt Relief Amendment Bill

The National Council of Provinces (NCOP) has passed the 2025 Appropriation Bill, completing South Africa’s budget process for the 2025/26 financial year. This legislation authorizes government departments and entities to spend allocated funds on essential services, infrastructure projects, and social programs such as healthcare, education, and social grants. It also supports initiatives aimed at economic growth and job creation.

U.S. Tariffs on South Africa: Economic Shockwaves and Strategic Responses
Nexia SAB&T on 11/08/2025

U.S. Tariffs on South Africa: Economic Shockwaves and Strategic Responses

The United States’ decision to impose a 30% tariff on South African exports marks a significant turning point in bilateral trade relations. Effective from August 2025, the tariffs apply to a wide range of goods, including manufactured products, automotive components, steel, aluminum, and certain agricultural exports. While critical minerals such as platinum and gold remain exempt, the measures threaten key sectors that underpin South Africa’s export economy.

Finance Minister Clarifies Monetary Policy Amid SARB Rate Cut
Nexia SAB&T on 11/08/2025

Finance Minister Clarifies Monetary Policy Amid SARB Rate Cut

South Africa’s monetary policy landscape shifted this week following the South African Reserve Bank’s (SARB) decision to cut the repo rate by 25 basis points to 7%, the lowest level since 2022. This move, announced by the Monetary Policy Committee (MPC), aims to support economic activity amid sluggish growth and subdued inflation, which currently sits at 3%, the bottom of the 3–6% target range. The MPC signaled that inflation is expected to average 3.3% for 2025, with risks assessed as balanced.

Tools for Estate Planning
Nexia SAB&T on 11/08/2025

Tools for Estate Planning

Estate planning is a critical process that ensures the effective management and distribution of an individual’s assets during their lifetime and after their death. It involves a variety of tools and strategies tailored to meet the unique needs and goals of the estate planner. Below, we explore some of the most important tools for estate planning.

Business Hack: How to Better Define Your Target Market
Nexia SAB&T on 14/07/2025

Business Hack: How to Better Define Your Target Market

Failing to understand your ideal customer, wastes time, energy and resources. According to a report by CB Insights, 42% of startups fail because there is no market need. In other words, many companies are failingsimply because they didn't define or validate their target audience properly.

AI Revolutionizes Operations in SMEs: A Game-Changer for Growth and Efficiency
Nexia SAB&T on 08/07/2025

AI Revolutionizes Operations in SMEs: A Game-Changer for Growth and Efficiency

In a rapidly evolving digital landscape, small and medium-sized enterprises (SMEs) are increasingly turning to artificial intelligence (AI) to streamline operations, enhance customer experiences, and drive growth. Once considered a luxury reserved for large corporations, AI technologies are now more accessible and affordable, enabling SMEs to compete on a more level playing field.

South Africa Secures US$1.5 Billion World Bank Loan to Modernize Infrastructure
Nexia SAB&T on 08/07/2025

South Africa Secures US$1.5 Billion World Bank Loan to Modernize Infrastructure

The Government of South Africa has signed a US$1.5 billion Development Policy Loan Agreement with the World Bank to support critical structural reforms aimed at modernizing infrastructure and driving inclusive economic growth. This landmark partnership seeks to address the country’s pressing challenges of low economic growth and high unemployment.

SARS Expands Auto-Assessment Program for 2025 Tax Season
Nexia SAB&T on 08/07/2025

SARS Expands Auto-Assessment Program for 2025 Tax Season

The South African Revenue Service (SARS) has launched its most ambitious auto-assessment initiative to date, marking a significant shift in how taxpayers engage with the annual filing season. The 2025 rollout includes not only standard taxpayers but also provisional taxpayers and individuals who have made withdrawals under the new two-pot retirement system.

Property Investment and Tax: Unlocking Wealth Without Triggering Liabilities
Nexia SAB&T on 24/06/2025

Property Investment and Tax: Unlocking Wealth Without Triggering Liabilities

In South Africa, property remains a cornerstone of wealth creation for high-net-worth individuals and SME owners. Whether you're building a portfolio of rental homes or investing through legal entities, the tax landscape can be both a gateway to growth and a minefield of costly missteps.

SARS Tax Case Sends Strong Message on Trust Accountability
Nexia SAB&T on 09/06/2025

SARS Tax Case Sends Strong Message on Trust Accountability

A recent ruling by the Johannesburg Tax Court has sent a powerful warning to trustees, funders, and high-net-worth individuals: poor record-keeping and vague financial narratives will not shield you from SARS scrutiny.

New Fuel Levy Implementation Sparks Nationwide Debate
Nexia SAB&T on 09/06/2025

New Fuel Levy Implementation Sparks Nationwide Debate

The recent implementation of a new fuel levy has sparked widespread discussion across the country. Designed to address pressing economic concerns and boost revenue for critical infrastructure projects, the levy has been met with mixed reactions from citizens and industry stakeholders alike.

Budget 3.0: VAT Increase Out, Fuel Levy Hikes In
Nexia SAB&T on 02/06/2025

Budget 3.0: VAT Increase Out, Fuel Levy Hikes In

Last month’s Budget 3.0 withdrew the contentious proposed VAT changes. This resulted in inflation-linked fuel levy increases of 16c for petrol and 15c for diesel, from 4 June.

Youth Day: How Businesses Can Benefit from the ETI
Nexia SAB&T on 02/06/2025

Youth Day: How Businesses Can Benefit from the ETI

Youth Day on 16 June is a great time to consider the advantages of employing young people in your business – and to find out how SARS’ Employment Tax Incentive (ETI) can assist your company to do this at a reduced cost.

5 Tips for Helping Your Employees Through a Crisis
Nexia SAB&T on 02/06/2025

5 Tips for Helping Your Employees Through a Crisis

As a business owner, at some stage you will inevitably be asked to help an employee through a crisis in either their personal or professional life. How you respond to their bereavement, financial difficulties or workplace meltdown, will directly affect your other employees and your company culture.