A director’s loan happens when you, as a director or shareholder of your company, either:
Sounds simple, right? But SARS sees this very differently if it’s not handled properly — and it can trigger unwanted tax consequences.
When registering a private company in South Africa, one of the first things you'll encounter are terms like shareholder, director, and share certificate. But what do they actually mean — and why are they important for your business?
When people hear “provisional tax,” they often think it’s an extra tax. Good news — it’s not. It’s simply a way of paying your normal income tax in advanc