TLOK Accountants

📍 REMINDER

Here's your friendly reminder that EMP payments are due today.
(Monday, 07/09/2026).

Please feel free to contact us should you have any questions, we'd be more than happy to assist you.

🔎 FAQ - Missing Tax Deadlines. How do I avoid it?

🗣️ Submitting tax returns or making tax payments after the deadline can result in penalties and interest. Missing deadlines may also affect your business's tax compliance status.

How to avoid it:
• Keep track of all important tax deadlines.
• Set reminders well in advance.
• Work with your accountant to ensure returns are submitted and payments are made on time.

If you are unsure about how to handle your taxes, it is recommended that you contact a tax practitioner who can advise and assist you correctly.

Feel free to call (011) 794-5582 or email [email protected] for assistance.
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Do you have any other questions?
Please feel free to leave a comment or send us a message and we'll post the answers and advice you're looking for.

Spring is here! 🌸🌱

A new season is the perfect time for a fresh start, and that applies to your finances too!

Take a moment this Spring to check in on your financial goals, review your records and make sure you're on track for the months ahead.

Here’s to fresh opportunities, new goals and a season of growth.

Happy Spring Day from the TLOK team! ☀️

📍 REMINDER

Here's your friendly reminder that:

• VAT electronic submissions and payments are due today. (Monday, 31/08/2026)
• Today is Provisional tax season closing date .

Please feel free to contact us should you have any questions, we'd be more than happy to assist you.

🔎 FAQ - I received an auto assessment. What is this and what do I do next?

🗣️ An auto assessment is SARS completing your tax return on your behalf, using information supplied by third-party institutions such as your employer, bank, investment companies, and medical aid.

Auto assessments for the 2026 tax year will begin rolling out between 1–12 July 2026 and are typically issued to taxpayers with relatively straightforward tax affairs. For example, those with only an IRP5, bank interest, and medical aid contributions.

If you receive an auto assessment, you will notified by email and/or sms. If you receive a notification, please do not click any links in the email. It is safer to check your correspondence directly on eFiling as scam emails typically increase around tax season.

Although issued by SARS, these assessments are not always correct. SARS may have missed important information such as retirement annuity deductions, additional investment interest, capital gains or losses, or extra medical expenses. It is therefore important to compare your auto assessment against all tax certificates received from your employer, bank, and investment institutions before accepting it.

In more complex situations, you may need to correct the return and add in additional information such as capital gains/losses, additional medical expenses, logbook claims etc.

A great tip to keep in mind is to keep track of every institution you hold investments or monetary accounts with. This way you are able to ensure you receive tax certificates from the relative institutions and you can add in any missing information.
If you are unsure about how to handle your auto assessment, it is recommended that you contact a tax practitioner who can advise and assist you correctly.

Feel free to call (011) 794-5582 or email [email protected] for assistance.
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Do you have any other questions?
Please feel free to leave a comment or send us a message and we'll post the answers and advice you're looking for.

🚨 Small business owners: are you making any of these common tax mistakes?

Tax compliance doesn't have to be complicated, but small oversights can lead to unnecessary penalties, interest and stress.

Our latest TLOK blog looks at 5 common tax mistakes small businesses make, including missed deadlines, poor record-keeping, mixing personal and business finances, incorrect provisional tax payments and leaving your finances until tax season.

If you haven't had a chance to read it yet, take a few minutes to see whether your business could be doing more to stay on top of its tax obligations.

Read the full blog:
https://tlok.co.za/2026/08/03/5-common-tax-mistakes-small-businesses-make-and-how-to-avoid-them/

Need help with your bookkeeping, tax compliance or accounting? Get in touch with TLOK.

(011) 794-5582 | [email protected]

📌 What should I do if I receive a tax assessment that I disagree with and how can I ensure my tax return is accurate?

🗣️ What should I do if I receive a tax assessment that I disagree with?
You may have the right to object to the assessment within the prescribed timeframe, provided you have valid grounds and supporting evidence.

🗣️ How can I ensure my tax return is accurate?
Keep complete records, retain supporting documents, disclose all income, and ensure information submitted matches third-party data available to the tax authority.

Read all the common FAQ's about tax returns here:
https://tlok.co.za/2026/07/09/faq-tax-returns/

Need personalised tax advice? Contact us for more info:
(011) 794-5582 | [email protected]

National Financial Awareness Day 🌱

Understanding your finances is about more than knowing what comes in and what goes out. It's about making informed decisions today that can help create a stronger financial future.

Whether you're managing personal finances or running a business, financial awareness can help you:

✔️ Understand where your money is going
✔️ Plan ahead with greater confidence
✔️ Make informed financial decisions
✔️ Stay on top of your tax and accounting responsibilities
✔️ Work towards your long-term financial goals

This National Financial Awareness Day, take a moment to check in with your finances. A little awareness today can make a big difference tomorrow.

Need professional accounting or tax support? The TLOK team is here to help.

(011) 794-5582 | [email protected]
www.tlok.co.za

HAPPY BIRTHDAY! 🎉

Wishing you the happiest of birthdays today, Lance!✨ 🎈
We hope you have a wonderful day and an amazing year ahead!! 🎁

Lots of love,
Your TLOK Team

To every woman who challenges, creates, leads and inspires... today we celebrate you. 🌷

Happy Women's Day to all the incredible ladies of South Africa.
Have a wonderful day!