Salo Accounting

to ensure profitability and long term sustainability. We believe in staying abreast of new developments within our specific fields, and this entails a decision to continuously learn, develop and upskill ourselves. With this in mind, we asked our Founder, Charmele Davies what her thoughts are on the proposed amendments to the Income Tax Act, 1962. "Taxpayers need to speak to their advisors to understand the latest changes affecting tax laws because the main change is that 'non-compliance to tax law will result in a criminal offence where it is the result of the taxpayer’s negligence.' These offences are subject to a fine or 2 years imprisonment. This serves as a cue that everyone should take ownership of their tax affairs. Contact Salo Accounting today to assist with compliance and statutory requirements.