We specialize in a broad range of tax solutions. Our comprehensive services cover everything from individual tax returns to complex business tax planning. We can advise on complex matters, issue formal legal opinions, submit both individual and corporate tax returns, and assist in tax disputes. We even cover Voluntary Disclosure Programme (VDP) applications and other specialized SARS engagements such as obtaining tax certificates, and tax number activations / deregistrations.

We have sharp expertise in various areas of tax, covering both domestic and international tax matters alike. We are able to provide comprehensive advice and support in all areas of tax, including corporate tax, cross-border tax, and crypto asset tax, among many others. Contact us to see how we can help you.

Our firm prides itself on combining sharp technical expertise with personalized service. We prioritize clear communication, personalized solutions based on our clients' unique needs, and a commitment to excellence in navigating the complexities of taxation. Put simply, Ibex is built on client-focused, expert-driven tax solutions, going beyond numbers and above expectations.

We offer both in-person and virtual consultations for your convenience. Our secure online platform ensures a seamless and confidential experience.

You can easily schedule a consultation by contacting us, and we will happily arrange a meeting for a convenient time. We look forward to discussing how we can assist you with your tax needs.

While the fiscal year-end is crucial, effective tax planning is a year-round process. We recommend regular reviews to optimize your financial strategies and adapt to any changes in tax laws.

In the unlikely event of an audit, we provide full support. We'll guide you through the process, help gather necessary documentation, and sternly represent your interests before the South African Revenue Service (SARS).

The tax year (or "year of assessment") for individuals runs from 01 March to the end of February each year.

Tax filing season for individual taxpayers is announced by SARS each year, but generally commences on 01 July each year. These days, a substantial portion of individual taxpayers undergo auto-assessments. Those who receive auto-assessments will also have the option to manually file their returns if they wish to contest the auto-assessment results. However, this generally needs to be done before the end of the filing season.

To complete your tax return, ensure you have the following documents on hand: IRP5 employees' tax certificate. IT3(b) and (c) certificates from financial institutions, outlining interest, dividends, and capital gains. Certificate of contributions, to retirement annuity fund or pension funds. Medical Aid certificate, indicating your contributions. A travel logbook, for any travel allowances received. Additionally, be sure to declare any other income received during the tax period on your return.

You are exempt from filing a tax return if your income for the tax year does not surpass the R500,000 threshold, provided you meet the following criteria: Your remuneration comes from a single employer in South Africa. You don't receive a car or travel allowance or any additional income like a company car fringe benefit. Employee tax (PAYE) has been deducted or withheld from your income. You haven't earned any other supplementary income, such as rentals, dividends, interest, etc. Additionally, where you have earned any income or capital gains from sources outside South Africa during the tax year, you need to submit a tax return even if you are below the threshold.

SARS typically takes 7 to 21 business days to process and transfer refunds to verified South African banking accounts. If you have not received your refund within this time, further action is likely required.