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Junaid Bhayla, Tax Attorney at Tax Consulting South Africa, joined Clement Manyaapelo, Head: Specialised Debt Management at the South African Revenue Service (SARS), in the CPD Consortium Podcast booth.

Their discussion touched on key developments raised at the 12th Annual Tax Indaba 2025 and pressing compliance matters. Conversations like these offer valuable perspectives on evolving regulatory priorities.

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We are proud to announce the launch of our newly revamped website at Qudi Accounting! Our enhanced platform showcases a broad spectrum of expert accounting services designed to support your business’s growth and financial health.

Explore our dedicated Resource Page, featuring insightful articles and practical tools to empower your financial decision-making.

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Home - Qudi Accounting WELCOME TO QUDI ACCOUNTING Your Trusted Tax Partner in South Africa Tailored accounting, tax, and business advisory solutions built for small and medium-size...

https://businesstech.co.za/news/finance/829747/sars-announces-auto-assessment-change-for-tax-season-2025/

SARS announces auto assessment change for tax season 2025 SARS says that auto assessments will be expanded in 2025, opening up to a new group of taxpayers.

https://www.treasury.gov.za/documents/national%20budget/2025/speech/speech.pdf
Opportunities for Businesses in the 2025 Budget 🚀

The 2025 Budget Speech presents major opportunities for township businesses in infrastructure, digital transformation, tourism, and local contracts. Here’s what SMMEs need to know:

✅ R1 trillion allocated for transport, energy & water—great for suppliers, contractors & service providers.
✅ 51% drop in data costs—more affordable e-commerce & online business growth.
✅ R2.4 trillion for municipalities—contracts in water, waste & service delivery up for grabs.
✅ E-Visa expansion—boost for township tourism, hospitality & transport services.
✅ No corporate tax increase—business-friendly environment stays intact.
✅ No fuel levy increase—R4 billion in savings for logistics & transport businesses.
✅ R3.5 billion to SARS for tax enforcement—SMMEs must stay compliant to avoid penalties.

⚠️ Challenges to watch:
🔺 VAT increase to 16%—adjust pricing strategies to protect margins.
🔺 Delayed government payments—diversify revenue streams to manage cash flow.
🔺 Energy & logistics risks—plan for potential disruptions despite investment plans.

🔹 Action Plan for Township Entrepreneurs:
📌 Tap into government tenders & contracts.
📌 Optimize pricing to offset VAT impact.
📌 Stay tax compliant to avoid penalties.
📌 Engage local government for better service delivery.
📌 Diversify income streams to reduce risks.

www.treasury.gov.za

https://dailyinvestor.com/finance/81003/new-vat-plan-for-south-africa/?source=newsletter

New VAT plan for South Africa The National Treasury is considering a smaller VAT hike to help plug a R60 billion shortfall in the Budget. However, experts warn that any increase could be disastrous for household finances.

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GrowYourBucks

1.5% of South Africans pay 61% of all income tax 978,140 South Africans, or 1.5% of the population, pay 60.9% of all personal income tax, the government’s biggest revenue generator.

https://www.moneyweb.co.za/financial-advisor-views/unpacking-tax-free-savings-accounts/

Unpacking tax-free savings accounts Learn how to utilise this vehicle to its maximum potential.

https://dailyinvestor.com/investing/72706/the-real-cost-of-withdrawing-from-your-retirement-fund/?source=newsletter

The real cost of withdrawing from your retirement fund Withdrawing money from the two-pot savings component has a higher financial cost than using a credit card, due to lost investment returns and associated fees.

Want to avoid the January blues, and want to manage your money better in 2025 ?
Check out this great article which talks about the best personal financial management tools . If you do want to have more in depth help for you and your business, especially as a professional service like lawyers and doctors , feel free to message us .

3 apps to help South Africans use their Christmas bonus better MyBroadband has compiled a list of budgeting apps to help South Africans better manage their bonus this December.

https://dailyinvestor.com/finance/71273/big-problems-with-ramaphosas-vat-plan/?source=newsletter

Big problems with Ramaphosa’s VAT plan Studies suggest that the expansion of the list zero-rated food items is likely to benefit richer households more than their lower-income counterparts.