Core Accountants & Tax Inc

Waiting for the last week of Filing Season is not a tax strategy.

Leaving your tax return until the final stretch can create unnecessary pressure, especially if documents are missing, details need to be corrected or SARS requests supporting information.

Getting started early gives you time to:
- Check your income details
- Gather supporting documents
- Review deductions properly
- Update banking and contact details
- Avoid rushed mistakes
- Plan for any amount that may be due

Tax season does not have to become a last-minute scramble.

Need help getting your return ready? Contact Core Accountants & Tax Inc.

Visit: coreaccountantsandtax.co.za

Ignoring provisional tax does not make it disappear.

For many business owners, freelancers and provisional taxpayers, tax planning is often left until the last minute.

The problem? By then, the cash flow pressure is already there.

Planning ahead helps you:
- Estimate what may be due
- Avoid unnecessary surprises
- Prepare your documents properly
- Manage cash flow more confidently
- Stay ahead of SARS deadlines

Provisional tax is not something to guess, delay or hope away. It needs proper planning.

Need help preparing for provisional tax? Contact Core Accountants & Tax Inc.

Visit: coreaccountantsandtax.co.za

Could an interest-free loan to a trust create an unexpected tax liability?

Section 7C may treat the interest benefit on certain interest-free or low-interest loans as a deemed donation, potentially resulting in donations tax and additional compliance considerations.

Understanding these rules is essential when managing trusts, loans and estate-planning structures.

Read our latest blog to learn what Section 7C could mean for you.
https://www.coreaccountantsandtax.co.za/blogs/interest-free-loans-trusts-section-7c

The real SME mystery: invoices that disappear three days before submission.

It happens more often than business owners realise.

One missing invoice can affect your VAT claim, your expense records, your cash flow view and the supporting documents you may need if SARS asks questions.

Before month-end or tax season pressure hits, make sure your business has:
Clear invoice records
Valid tax invoices
Proof of payment
Supplier documents
Organised digital filing
Monthly bookkeeping updates

Good record-keeping is not just admin. It protects your business and helps you make better decisions.

Need help getting your records in order? Contact Core Accountants & Tax Inc.

Visit: coreaccountantsandtax.co.za

Your business may have grown, but have your accounting habits grown with it?

As your business expands, the old way of managing receipts, invoices, payroll and tax deadlines can quickly become a problem.

What worked when you were smaller may not be enough when you now have:
More transactions
More staff
More suppliers
More SARS requirements
More cash flow decisions
More compliance pressure

Good accounting habits help you stay organised, avoid last-minute stress and make better business decisions with clear numbers in front of you.

If your business has grown, your accounting systems should grow with it.

Contact Core Accountants & Tax Inc. to get your finances on track.

Visit: coreaccountantsandtax.co.za

The most dangerous tax message this July might not be from SARS.

Filing Season often brings an increase in scam SMSes, fake emails and suspicious links pretending to be from SARS.

Before you click, always check:
The sender’s email address or number
Whether the message asks for banking details
If the link looks suspicious
Whether the request appears on your official SARS eFiling profile
If the wording feels threatening or rushed

SARS-related scams can put your personal details, banking information and tax profile at risk.

Unsure whether a SARS message is real? Contact Core Accountants & Tax Inc. before you respond.

https://www.coreaccountantsandtax.co.za/

No SARS auto-assessment SMS by 12 July? Don’t ignore it.

That may mean SARS has not automatically assessed you, and you’ll need to submit your tax return yourself.

Before filing season gets busy, make sure your documents are ready:

- IRP5/IT3(a) certificates
- Medical aid tax certificate
- Retirement annuity certificate
- Travel logbook, if applicable
- Proof of deductions or income
- Banking details and supporting documents

A missing document can delay your submission, trigger queries, or cause unnecessary SARS stress.

At Core Accountants & Tax Inc., we help individuals and business owners prepare, review and submit their tax returns correctly, so nothing important is missed.

Contact us today and let’s get your tax documents in order.
https://www.coreaccountantsandtax.co.za/

A SARS “no” without a clear reason is not the end of the conversation.

If SARS disallows an objection, raises an assessment, or gives a vague response, your business has the right to understand why.

A simple “insufficient proof” or “burden of proof not discharged” is not always enough. SARS should provide clear reasons, including the facts, legal basis, and calculation behind their decision.

For SMEs, this matters.

Without proper reasons, you may end up objecting blindly, missing key details, or weakening your own case without realising it.

Before you rush into a response, make sure you know what SARS is relying on and whether their explanation is adequate.

At Core Accountants and Tax Inc., we help business owners approach SARS matters with clarity, structure, and confidence.

Read our latest blog to understand your right to know why before you respond.
https://www.coreaccountantsandtax.co.za/blogs/sars-reasons-right-to-know

SARS may have done the calculation, but that does not mean you should stop checking.

Auto-assessments can be helpful, but they are not always the full picture.

Before accepting, make sure your:
- IRP5 details are correct
- Medical aid certificates are included
- Retirement annuity contributions reflect properly
- Banking details are up to date
- Additional income has not been left out
- Deductions and supporting documents are in order

A quick check now can help you avoid corrections, delays or unnecessary stress later.

Need help reviewing your SARS auto-assessment? Contact Core Accountants & Tax Inc. and let us help you file with confidence.
www.coreaccountantsandtax.co.za

Have you ever felt the relief of a perfectly reconciled set of books?

As June ends, the usual mid year pressure builds for many business owners. For those who prioritize clean records, this period feels entirely different. Spotless June books are about much more than just satisfying SARS or beating the July tax rush. They are the strategic foundation for every decision you will make in the second half of the year.

When your data is accurate, you stop guessing and start leading. You can see your exact cash flow position, understand your real margins, and plan for growth with total confidence. This clarity is what we strive for at Core Accountants and Tax. We believe that accounting should provide momentum rather than just compliance.

Tidying your books now removes the administrative headaches that arrive when the tax filing season officially opens in July. It is about moving from chaos to complete control.

Visit our website to see how we can help you achieve this level of financial order.

https://www.coreaccountantsandtax.co.za/