Archives: Capstone Group News

Reserve Bank cuts interest rates in South Africa The South African Reserve Bank (SARB) Monetary Policy Committee has voted to cut South Africa’s interest rates by 25 basis points. This takes the repo rate to 6.75% and the prime lending rate to 10.25%. The decision was unanimous. Reserve Bank governor Lesetja Kganyago said that while… Continue reading Reserve Bank cuts interest rates in South Africa

Trustworthy: how trustees should avoid Sars’ new administrative penalties Phia van der Spuy|Published 4 days ago 6min Sars plans to implement administrative penalties for non-compliant trusts starting in early 2026. With an estimated two-thirds of registered trusts not properly registered for tax, trustees have a limited time to ensure compliance. Image: Timothy Bernard / Independent Newspapers While… Continue reading Trustworthy: how trustees should avoid Sars’ new administrative penalties

SARS announces tax change for 2026 SARS has urged employers in South Africa to start preparing for the 2026 Employer Filing Season, noting changes taking effect early next year. The Revenue Service stated that, as of February 2026, employers will no longer be able to submit Pay As You Earn (PAYE) reconciliations without a valid… Continue reading SARS announces tax change for 2026

Are year-end bonuses a legal right or a workplace privilege? Crackdown on rogue debt counsellors as National Debt Counselling Association proposes new standards. A new report says the future consumer wants simplicity, self-expression and science-backed wellness. And a seven-year study maps the DNA of successful entrepreneurs. By Jeremy Maggs · 7 Nov 2025   13:44  You can also listen to… Continue reading Are year-end bonuses a legal right or a workplace privilege?

Fresh govt directive puts South African companies at risk of $80k fine, 10% turnover Segun Adeyemi 16 October 2025 11:14 AM The Department of Employment and Labour in South Africa has issued a stark warning to employers: non-compliance with the new Employment Equity Act (EEA), which came into force on 1 January 2025, will carry… Continue reading Fresh govt directive puts South African companies at risk of $80k fine, 10% turnover

Staff Writer 17 Oct 2025 SARS issues urgent tax return warning to 850,000 South Africans The South African Revenue Service (SARS) has issued a final warning to taxpayers, urging them to finalise their tax returns before the close of the 2025 filing season. Tax filing season for non-provisional taxpayers will end on Monday, 20 October… Continue reading SARS issues urgent tax return warning to 850,000 South Africans

Warning to auto assessed taxpayers in South Africa Tax experts have warned taxpayers that it is still their responsibility to correct and regularise their taxes, even if they have accepted or ignored an incomplete or incorrect auto assessment. Auto assessments started rolling out from 7 July 2025, and the South African Revenue Service (SARS) ended… Continue reading Warning to auto assessed taxpayers in South Africa

Dawie Roodt says South African companies should only pay 15% tax Shaun Jacobs • 22 July 2025 Economist Dawie Roodt suggested that South African companies should pay a 15% corporate income tax (CIT), as other countries are reducing their CIT rates to attract investments from businesses. As other countries reduce their CIT rates, South Africa’s 27% looks… Continue reading Dawie Roodt says South African companies should only pay 15% tax

80 is the new 60 in South Africa because people just can’t afford to retire South Africans are looking increasingly likely to work for longer, with many having inadequate funds to retire in their 60s. According to the latest FNB Retirement Insights Survey, the reality of retirement is far from the image of comfort and… Continue reading South Africans are needing to work for longer to retire comfortably, with many no longer able to hang up their boots at 60.