Kainos Chartered Accountants Inc

26/10/2026

A provisional tax guess can cost you R16,400 in penalties.
Estimate R1 million, actual R1.5 million. For income above R1 million, the estimate must be at least 80% of actual (R1.2 million). The R200,000 shortfall at 41% is R82,000 of tax, and the 20% penalty is R16,400, plus interest.
Your second provisional payment is due by 26 February 2027. Use real numbers: management accounts to January and a forecast for February.
Was your last estimate a guess? Start here: linktr.ee/kainoscainc (also in our bio and the first comment).
SmallBusinessSA DurbanBusiness CharteredAccountant KainosCA

23/10/2026

Deadline day. If you missed it, here is what happens next.
Missing the deadline is not the end of the world. Ignoring it is what gets expensive.
With more than one return outstanding, SARS can charge R250 to R16,000 a month in fixed penalties, plus interest on tax owed. File as soon as you can.
Provisional taxpayers: 22 January 2027 is yours. Let us not repeat October in January.
We will check where you stand before January. Start here: linktr.ee/kainoscainc (also in our bio and the first comment).
SmallBusinessSA DurbanBusiness CharteredAccountant KainosCA

21/10/2026

Friday 23 October is the last day for non-provisional taxpayers to file their 2026 return.
Once you have more than one return outstanding, SARS can charge a fixed penalty of R250 to R16,000 a month, depending on your taxable income, for every month it stays late.
Provisional taxpayer? Your deadline is 22 January 2027, and the work for it starts now.
Share this with someone who has not filed yet.
SmallBusinessSA DurbanBusiness CharteredAccountant KainosCA

19/10/2026

Four checks before you press submit.
1. IRP5s: two employers this year means two certificates.
2. Interest: above R23,800 a year (under 65) is taxable, and SARS already has your bank’s figure.
3. Rental income: declare the rent, claim rates, repairs and bond interest (not capital).
4. Proof: keep every certificate ready in case SARS asks for supporting documents.
Something does not add up before Friday? Start here: linktr.ee/kainoscainc (also in our bio and the first comment).
SmallBusinessSA DurbanBusiness CharteredAccountant KainosCA

17/10/2026

14/10/2026

Five deductions, and what each one is worth in Rands.
Most missed deductions are not exotic. They are certificates that did not pull through, logbooks that were never kept, and rules nobody explained.
Retirement annuity: R49,200 on R120,000 contributed. Logbook: R20,500 on a R50,000 travel deduction. Donations: R8,200 on R20,000. Medical credit: R14,640 a year for a family of four.
Swipe for the rules on each, including the home office claim SARS checks closely.
Want us to check your return against this list? Start here: linktr.ee/kainoscainc (also in our bio and the first comment).
SmallBusinessSA DurbanBusiness CharteredAccountant KainosCA

12/10/2026

R120,000 into a retirement annuity can mean R49,200 less tax.
Retirement fund contributions are deductible up to 27.5% of the greater of your remuneration or taxable income. For the 2026 return the cap is R350,000. For the current tax year (ending 28 February 2027) it is R430,000.
Worked example: R1.2 million taxable income, R120,000 contributed, 41% marginal rate. Tax saving: R49,200.
This is one of the simplest legal tax tools available to business owners and professionals, and one of the most underused.
Save this, and check that your certificate is on your return before you submit.
SmallBusinessSA DurbanBusiness CharteredAccountant KainosCA

09/10/2026

Accepting your auto-assessment is not the same as checking it.
SARS builds your auto-assessment from what employers, medical aids, banks and funds report. If a certificate did not pull through, the deduction is simply not there.
Example: a R60,000 retirement annuity contribution missing from your assessment at a 36% tax rate is R21,600 you have overpaid.
Check retirement contributions, medical and Section 18A donations before 23 October.
Something not right? We will help you check it. Start here: linktr.ee/kainoscainc (also in our bio and the first comment).
SmallBusinessSA DurbanBusiness CharteredAccountant KainosCA

07/10/2026

Save this before you assume your deadline.
Two taxpayers, two deadlines, and a lot of confusion every October.
Salary only with PAYE: 23 October 2026. Business, practice, rental or freelance income on top: 22 January 2027. Trusts: 22 January 2027. Companies: 12 months after year-end.
Swipe through, find yours, and put it in your calendar today.
Save this, and share it with a colleague who is still guessing.
SmallBusinessSA DurbanBusiness CharteredAccountant KainosCA

05/10/2026

23 October is not everyone’s SARS deadline.

If your only income is a salary with PAYE deducted, your 2026 tax return is due on Friday 23 October.

If you also earn rental income, consulting fees, practice profits or business income, you are a provisional taxpayer and your deadline is Friday 22 January 2027.

Different deadline, same rule: file it correctly, not just on time. This month we are unpacking tax season for business owners and professionals, one week at a time.

Comment OCTOBER, JANUARY or NOT SURE 🙂 so we know which one is yours, and follow along for the rest of the series.