Nexia SAB&T on 01/11/2025

Surviving Trust Tax Season 2025 – And Beyond

Trust Tax Season 2025 opened in September and SARS has already issued reminders to trustees that all trusts, including those that are not economically active, must file a tax return before 19 January 2026.

Nexia SAB&T on 01/10/2025

Adapt or Suffer: How to Keep Your Business Afloat in a Changing Climate

Climate change is real, and failing to prepare is guaranteed to have devastating consequences. According to the World Economic Forum, climate-related risks are now ranked among the most severe global threats to business stability, and every business will need to take steps to minimise the impact.

What's the Difference Between a Bookkeeper and an Accountant?
Nexia SAB&T on 01/09/2025

What's the Difference Between a Bookkeeper and an Accountant?

If you want to scale your business, you need to know the numbers. But many entrepreneurs still treat financial roles like interchangeable parts. “I’ve got a bookkeeper, so I’m covered,” they say. Worse still: “My accountant only helps me with my taxes”.

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.

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.

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.

Tax Avoidance vs Tax Evasion: Toeing the Line
Nexia SAB&T on 01/06/2025

Tax Avoidance vs Tax Evasion: Toeing the Line

There’s a thin line between tax avoidance, which is legal, and tax evasion, which is a tax crime. Every taxpayer, corporate or individual, has the right and duty to ensure they don’t pay any more tax than what is legally required – but tax evasion can result in hefty penalties and even jail time.

Zen and the Art of Fostering Job Stability in an Uncertain World
Nexia SAB&T on 01/05/2025

Zen and the Art of Fostering Job Stability in an Uncertain World

Today’s work environment is fast-paced, unpredictable and ever-changing. Between the gig economy, retrenchments and the transformations brought about by AI and other technologies, studies are now showing that the traditional 9-to-5 job is no longer viewed as being a stable way of life.