Maximum Profit Recovery

03/06/2026

🌍 MaxProf is proud to support the 10th Karoo Region Conference, a milestone gathering of municipalities, communities, and partners shaping the future of the Karoo across four provinces.

From celebrating 10 years of progress to exploring renewable energy opportunities, small town regeneration, and the future of agriculture, this conference highlights the resilience and innovation driving the region forward.

As sponsor, MaxProf stands alongside leaders and communities committed to sustainable growth, financial recovery, and investment attraction in the Karoo. Together, we’re building pathways for stronger municipalities and thriving local economies.

02/06/2026

MaxProf is hosting another Audit Readiness Webinar you will not want to miss.

This upcoming session will unpack key legislative requirements under the Value-Added Tax Act 89 of 1991, with a focused discussion on sections 16, 17 and 20. We will explore how to ensure that input tax claims, denied supplies, and tax invoice requirements are compliant, accurate, and defensible during audit reviews.

If you are involved in financial reporting, compliance, or audit preparation, this session is designed with you in mind.

Join us on 26 June 2026, from 09:00 to 15:00.

👉 Secure your spot here: 6fc8239a-330b-4faf-81d9-ab7187d79d5c@e2fabaaf-94dc-4eff-8108-f8405811a8f4" rel="ugc" target="_blank">https://events.teams.microsoft.com/event/6fc8239a-330b-4faf-81d9-ab7187d79d5c@e2fabaaf-94dc-4eff-8108-f8405811a8f4

01/06/2026

We had to jump on this trend. 😂

Can you relate?



⬇️ Tag the original creator in the comments! 👌🏾

29/05/2026

We had to participate in The Reach For A Dream Foundation's Slipper Day initiative.



Find out more about MaxProf here: www.maxprof.co.za

25/05/2026

In MaxProf’s latest podcast episode, Special Projects Manager Theo Jansen Van Vuuren breaks down a critical issue many taxpayers underestimate:

⚠️The burden of proof always rests with you.

Even in cases where SARS incorrectly allocates a payment, resulting in a late penalty, you are still expected to demonstrate that you were not at fault.

When it comes to SARS, being correct is not enough. You need clear, credible documentation to support your position, whether that is internal records, correspondence with SARS, or medical proof showing why a payment could not be processed on time.

🎙️ Watch the episode for practical insights on SARS penalties, interest, and Requests for Remission (RFRs): https://youtu.be/3YzYNKPybKc?si=671yLANIMketaIdW

21/05/2026

MaxProf is proud to once again be part of the South African Hall of Fame Golf Day at Silver Lakes Golf Estate.

Over the years, our partnership with the South African Hall of Fame has grown into a valued relationship built on shared excellence, meaningful connections, and continued support for South African achievement. Through initiatives like this Golf Day, SAHOF continues to create platforms that bring together business leaders, professionals, and changemakers in support of recognising and celebrating South African excellence.

Swing by Hole 9 to meet our team😄

Here’s to another great day on the course ⛳🏌️‍♂️

👉Learn more about how MaxProf contributes to initiatives like these: www.maxprof.co.za

21/05/2026

The purchase of fixed property constitutes a transaction that may attract VAT. However, how VAT is treated is dependent on whether or not the seller is a registered VAT vendor.

In this article by MaxProf Audit Manager, Mthokozisi Gumede, we unpack the complexities of VAT on fixed property purchases and highlight key considerations that can influence your tax position.

Find out whether you can:
• Claim input VAT on property acquired for taxable activities, such as leasing commercial property or conducting business operations
• Claim notional input tax when purchasing from a non-VAT vendor, subject to the relevant requirements
• Apply the going concern provisions, where applicable, to ensure compliance

A well-informed approach can help you avoid unnecessary costs and unlock opportunities for tax efficiency.

Read the full article here:
https://www.maxprof.co.za/articles/vat-implications-on-fixed-property-purchases/

Written By Mthokozisi Gumede, MaxProf Senior Auditor Purchasing fixed property in South Africa – such as land, commercial buildings, or even rights in such property is not just a legal transaction. It’s a tax event with major VAT consequences. Whether you are a tax practitioner, accountant, inve...

20/05/2026

Delayed VAT payments to SARS will result in a 10% admin penalty. Over time, these penalties accumulate, putting strain on an already stressed financial position and threatening non-compliance with SARS.

Find out in our latest podcast, how Special Projects Manager, Theo Jansen Van Vuuren was able to assist a client reverse R2 million worth of penalties and interest.

Learn more here: https://youtu.be/3YzYNKPybKc?si=671yLANIMketaIdW

19/05/2026

Explain your job to a 5 year old 😂

These 5 year olds definitely won’t know what we do, but you might!

👉 Find out more about MaxProf here: www.maxprof.co.za

18/05/2026

In the 2025/26 financial year, SARS collected over R2 trillion in taxes, with R604 billion generated from domestic VAT.

VAT refunds totalled R371.1 billion, reflecting modest growth of 1.5% (R5.6 billion) year on year, significantly lower than earlier projections of 5.4%. This indicates a potential gap between expected refunds and what organisations are actually recovering.

With refund growth slowing and scrutiny increasing, how confident are you that your organisation is not leaving money on the table?

MaxProf can help you identify gaps, recover value, and strengthen your VAT position.

Contact us here: www.maxprof.co.za