Tag Archive for: Gifts

festive season gifts for employees here’s how sars will tax them
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Festive Season Gifts for Employees? Here’s How SARS Will Tax Them

Giving your employees gifts this Festive Season? Then be sure to check with your accountant first! This is because any kind of gift that an employee receives from an employer will be taxable in the hands of the employee, and in some cases, could have a detrimental impact on an employee’s overall tax liability. Find out here how SARS will tax the most common gifts to employees, and how to ensure your employees get the maximum benefit from any gift they receive from your company this year.