Statistical reports show that a large number of consumer expenses in South Africa are on credit and the most convenient way to shop is to use plastics, or more popularly known as credit cards. Moreover, the average debt is more than R8,000 with a typical interest rate of 18.9% and higher, no wonder people are looking for debt help.
Debt counseling is one way of teaching consumers how to administer their profits and expenditures. This program will also teach them how to avoid further accumulation of debts.
In essence, debt counseling should have been a preventive measure for accumulating debt, but the problem is that most people use this after they have already mounted lots of debts.
As interest rates on credit cards continue to increase, thousands of South Africans find themselves overwhelmed by credit card payments. Every month people get their bills in the mail and wonder will this debt ever end?
There are ways in which you can ease the monthly payments with a single monthly payment by seeking out credit card consolidation debt help.
Keeping up to date with SARS, especially the different types of tax regulations and dates, is far from an easy task. These days you almost need a ‘tax degree’ to understand everything that is required from you as taxpayer. So in this article, we’ll mention some important things to consider as well as important dates pertaining to your tax return.
The SARS filing season is well underway, with taxpayers having the benefit of free, secure tax filing (eFiling) via the Internet. If you choose to do your tax return using eFiling, the submission deadline automatically extends as set for manual submissions. The eFiling system populates your income tax return using information provided by your employer.
eFiling tax return for salary earning individuals is quite simple, however it becomes complicated when you have to submit details pertaining to foreign income, capital gains or losses and local business, trade and professional income. Below are listed some important questions relating to these types of income. Tax Relax offers premium tax consulting services in South Africa
SARS Efiling Scam Warning
A number of people have been reporting Sars Efiling scam that they have come across. They claim they receive emails from SARS requiring them information their banking details including online login details.
The email redirects to a website that looks exactly like SARS Efiling website. On the website you are then required to login in order to claim your tax returns. Once you are done you will then receive an SMS with your OTP code that you must enter into the fake website.
This SARS Efiling scam is reportedly run by individuals from China. Be careful not to provide anyone with login internet banking details.
ᔥSARS Efiling Scams – Bursaries