Your Tax Deadlines for April 2026
01 April: Start of the 2026/27 Financial Year
01 April: Start of the 2026/27 Financial Year
The global minimum tax (GMT) – called an “agreement that will really change the world” – will be implemented in South Africa by SARS in 2026/27. While it may not impact your business directly, it should ultimately reduce your share of the tax burden by ensuring all multinational enterprises (MNEs) contribute their fair share of local taxes.
While on the surface they are just a spot of fun, team building exercises are actually a strategic investment in your business culture and performance. Done well, team building strengthens communication, fosters trust, and boosts morale. Done poorly, it feels like a forced afternoon that costs money and delivers little.
The recent increases in the compulsory VAT registration threshold to R2.3 million and in the voluntary registration threshold to R120,000 are widely welcomed. It will certainly ease the administrative burden on small businesses and the strain on their cash flow.
Growth feels like progress. Sales increase, staff numbers rise, and profit improves. Yet each of these shifts changes your tax position.
By handling almost instantly the repetitive, menial bookkeeping tasks that previously consumed much company time and resources, Artificial Intelligence is fundamentally streamlining accounting processes.
For many small business owners, cash flow problems feel like a financial puzzle that’s impossible to figure out. It’s a numbers game that puts us at the mercy of the markets, and our clients’ payment terms.
Budget 2026 has brought long-overdue relief to taxpayers by not imposing VAT or income tax hikes and by adjusting the tables for tax rates, rebates and credits for inflation. Of course, some tax hikes were always going to happen: inflation-linked increases on sin taxes took effect on 25 February already and the fuel levies also increased.
Taxpayers will enjoy long-awaited tax relief with much good news contained in the 2026 Budget.
Diversification is treated as a business virtue so unquestioned it borders on dogma. Expand the product line. Enter new markets. Hedge every risk. Spread exposure everywhere. Yet for many entrepreneurs, diversification may actually bring more risk than it solves.
As we approach the end of the tax year, now is an ideal time to make a few strategic adjustments that can strengthen your financial position.
Business culture is obsessed with speed. In a world where motion, and constant optimisation is the dream, doing nothing can look like failure.
The second provisional tax deadline for the 2026 financial year is just days away on 27 February 2026. This is an important and tricky deadline, because this second provisional tax estimate must be quite accurate (within 80–90% of actual taxable income) to avoid SARS’ stiff under-estimation penalty.
Whatever your line of work, moving from solo-business or freelancer to taking on staff is a big choice usually prompted by steady demand you can’t handle on your own.
To offer taxpayers a way to settle outstanding tax debt swiftly and to regularise their tax affairs on more favourable terms, SARS has launched an expedited tax debt compromise process.
Helping others should be the simplest thing in the world, but the truth is there’s a lot more red tape than you might expect. You’re just trying to run a community project, but then you’re told you need to register as an NPO, but everyone’s calling you an NGO, your accountant says it might help to become an NPC and your donors are asking if you’re a PBO.
Finding time to relax is difficult in today’s fast-paced business world. Taking leave over the holidays may seem like a luxury, a weakness, or even an impossibility.
Extending payment terms to 30, 60 or 90 days may feel like a smart business decision – but beneath the surface these terms could be draining your company more than you realise.
Leading a business is time-consuming. There are myriad distractions vying to take your attention away from your core role of growing the business.
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.
The end of the year is the perfect time to wrap up loose ends, assess your business's performance, and prepare for a successful year ahead.
Up-to-date management accounts can track performance, reveal trends and highlight opportunities, ultimately enabling better decisions and stronger growth.
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.
Many founders believe that sacrificing their own salary is a noble way to keep the lights on.