139 reasons why SARS doesn't want you to see this...

Dear Taxpayer,

SARS is hungry for money.

Your money.

It's teetering on the edge of a R69 billion budget-shortfall... and if it falls in, lights will go off, roads will crumble and water will become undrinkable.

So, SARS' only hope is to go after taxpayers with a vengeance.

But not individual taxpayers.

No. It's set its sights on corporate taxpayers, like you.

And that's why it doesn't want you to see this letter...

Because with it, you'll uncover no less than 139 ways for your business to legally pay less tax.

Here are the first five (for example)...

•     The 22 little known allowances that you could deduct so you pay less tax (C04:037)
•     The 7 expenses you incur for legal activities that you can claim deductions on (C04:031)
  
•     A 3-point checklist that guarantees the repairs you make to your office, machinery or tools will qualify as a deduction (C04:026)
  
•     The 3 ways to deduct your bad debts (C04:034)
  
•     Seven expenses to always include in your travel claim to maximise your tax savings (C04:017)
  

But wait.

Deductions aren't the only way to reduce your tax bill. Here's another completely legal strategy...

How to make yourself invisible to SARS

Key to reducing how much tax you pay is staying off SARS' radar.

But SARS plans to double the 72,926 audits it managed this year. It's added 100s of new tax collectors and auditors to its payroll and each one has his own collection targets to meet. This means two things:

   1. Your chances of an audit this year has just doubled, and
   2. So has your chance of paying more tax.

But I have a perfectly legal way for you to reduce your risk, including...  

•     What you can do to avoid unnecessary attention from SARS using these 6 secrets (A03:003)
•     How to make every transaction legit with this one simple step (A03:009)
  
•     The one letter you must ask to see BEFORE any audit starts... or refuse to comply (A03: 006)
  

Still... knowing your rights, and insisting that SARS honours them - is only ONE battle to win in reducing your tax burden.

Which is why SARS doesn't want you to learn about the 139 ways the Practical Tax Loose Leaf Service has identified to help your business pay less tax, legally.

And that's EXACTLY why I want to get this information to you today!

But, before you read more about what this service has uncovered, here's why you should listen...

A combined experience of 91 years... and a mission

I'm Fulvia Stoltz and I have one single purpose: To help businesses like yours save tax. My team and I at the Practical Tax Loose Leaf Service have

developed a perfectly legal way to do just that.

Take Ettiene Retief for example. He's on a first name basis with Trevor, Pravin and now Oupa... all so he can fight for the cause of taxpayers like you. Every chance he gets he bends their ears and challenges SARS' interpretation and application of South Africa's tax laws. As a chairman of the Tax Technical Committee at South African Institute of Professional Accountants, he's in a position that those in power can't ignore.

There's also André van Staden - a tax specialist with nine years’ of experience in advising both individuals and companies on a wide variety of taxation matters. André is the proprietor of Exord Tax and Payroll Solutions, and holds a Masters degree in tax law

 There's Antonie Goosen. He worked at SARS for 17 years. Who could ask for a better insider?

Then we have three more highly qualified tax experts who contribute to the Practical Tax Loose Leaf Service. Together, this team works day and night to uncover every legal way to help you protect your rights and to reduce how much tax your business must pay.

What they find is so powerful, SARS doesn't want you to see it.

For instance...

How to structure your salary to save R1,000s

(Yes, you can still save on tax this way)

Let's say your company pays you a gross monthly salary of R10 000 with medical contributions of R1 500. Then the medical aid company increases its premium to R2 000.

Under the usual system of structuring salaries, you would make a salary sacrifice of R500. AND you'd need to comply with all the legal requirements to make that sacrifice as well. Then you can only claim your tax-free portion back in the month you make your contribution...

The Practical Tax team has a better way to do this, one that doesn't involve sacrifice and extra work. One that SARS won't look at twice, reassess and penalise you for.

In fact, the salary structuring solutions that the Practical Tax team has uncovered allow you more leeway to structure salaries in the future without affecting your gross salary now.

These includes...

•     The 11 deductions salary earners can still claim (D06: 003)
•     The three non-negotiable requirements your employment contracts must meet to minimise your tax (E01: 003 - 005)
  
•     The most common mistake taxpayers make when calculating their pension fund deductions... and what you must to do to avoid it (I01: 005)
  
•     Five tax safeguards to include in your employment contracts (E01: 010, 011)
  

The solutions also allow you to know the exact cost to company of all your employees, so making management decisions will be easier... especially when review time comes around again.

Then there's this 100% legal strategy...

How to pay R26 606.40 less tax on your travel allowance

The obvious first step is to keep an accurate logbook.

"But SARS doesn't mind you knowing you must keep a log book!"you say. "SARS itself is constantly hammering on about the need to keep a log book."

True enough.

But what SARS doesn't want you to know is how you can save R26 606.40 just by doing so.

So, let's use an example to show you how to make this saving...
 
Vincent, a commission earner, can claim his car expenses as a deduction from business income.

The cost price of the car was R300 000.

Total expenses for the year were:

Fuel and oil	R9 554
Insurance	R9 780
Maintenance	R3 564
Licence	R120
Lease payments	R90 000
Total	R113 018

But Vincent can't deduct the total cost incurred. He must first consider how much he used his car for private travel and then make an adjustment accordingly.

Because he doesn't have exact figures, he must make this adjustment in two ways...

•     If he didn't keep an accurate log book, his private use of the car would include the first 18 000kms (limited to 32 000km) for the year.

So, his deduction is limited to:

Total expenses      =    R113 018
Deemed business use of the car     =    R113 018/32 000km x 14 000km
Allowable deduction           =    R46 702.18

•     If Vincent kept an accurate log book, he'd know from a summary of the information he'd diligently recorded that...

Private km     =    10 983km
Business km     =    20 276km
Total distance     =    31 259 km  
                    
In this case, his allowable deduction would be:
Total expenses     =    R113 018
Deemed business use of the car      =    R113 018/31 259km x 20 276km
Allowable deduction       =    R73 308.58
    
That means that an ACCURATE LOGBOOK would increase Vincent's tax deduction by R26 606.40!

With SARS hungry to increase its collection revenue, it doesn't want you to know how to pay LESS tax like this. Nor does it want you to know any of the 139 secrets the Practical Tax Service has uncovered for you. So today I'd like to give you the opportunity to put this service to the test for 14 days.

I'll explain in a minute... but first, here are a few more secrets you can use to pay less tax, guarantee your compliance and generally just make your job (and life) easier...

Other secrets you'll uncover with the Practical Tax Loose Leaf Service

•     If SARS asks you to sign this document... STOP! Put down that pen. You have the right to refuse (C08: 010)
•     What R5,000 can do to boost your annual deductions, and how to maximise its effect (D01: 008)
  
•     The ONLY way you'll NEVER pay donations tax (D03: 002)
  
•     Use your company car in these three ways and you WON'T pay tax (T09: 007)
  
•     The 27 capital allowances for your business (ID: 004, 005)
  

Today, I've only shown you a few of the 139 reasons why SARS doesn't want you to see this. Space is limited. Your time is precious. So, instead of going into more detail here, I want to give you the opportunity to uncover for yourself ALL the tax-minimising, compliance-maximising strategies the Practical Tax team has uncovered, I'd like to send you the Practical Tax Loose Leaf for a free 14-day review.

Remember, three independent consultants check all the tips, tools, strategies and checklists you'll discover in the Practical Tax Loose Leaf. That means everything you'll find in this loose leaf is 100% legal.

Every word of the practical advice the team writes in simple English (you won't find a word of jargon)...

Every step-by-step instruction...

Every checklist...

Every sample and formula...

Every case study and example...

And it covers the whole business tax spectrum. Audit regulations. Capital Gains Tax. Capital Reconciliation. Company Allowances. Company cars and travel allowances. Section 23(m) deductions. Depreciation. Directors of companies and members of CCs. Dividends. Donations tax. Employment contracts. Fringe benefits. Exempt income. Gross income. Individual allowances, deductions and fringe benefits. Record keeping. SDL and UIF levies. SMMEs and small business corporations. Medical expenses. Provisional tax. Salary structuring. IRP5s, IT3(a), ITReg.

You name it.

You can use it all for two weeks to pay less tax AND slash your admin burden...

Then, after your free 14-day review, you have a choice to make...

You can decide that you prefer paying SARS more than you should. That you enjoy working late. That you're happy to put a bright red "I'm here", beacon on your business so SARS can find you. If that's the case, then return the Practical Tax Loose Leaf binder to me with the invoice and that will be that.

But, if you recognise the power crammed between the covers of the loose leaf, simply pay the invoice for R712.50 and then take full advantage of the complete Practical Tax Loose Leaf Service.

This includes...

•     Regular updates for your loose leaf: Every month, the team send you NEW tips, strategies and secrets (SARS doesn't want you to see these either). And they update any of their solutions that have become outdated because of law changes (each update costs only R1.97 per page).
•     The tax helpdesk: If you have any tax questions, email the Practical Tax team. As soon as your question arrives, the team will find you an answer. Free of charge. But this is only available to all paid-up subscribers.
  
•     Unlimited permission to copy all sample forms and contracts you get in the loose leaf and updates, as long as you've paid your invoice.
  
•     Valuable daily  e-letter answering pertinent questions and covering key changes in the tax world.
  
•     Online access to past updates.
  

Get your copy of the Practical Tax Loose Leaf for review right now. With everything it can do for your business... it's the last thing SARS wants you to see.

Yours sincerely,

Fulvia Stoltz
Managing Editor: Practical Tax Loose Leaf Service
FSP Business, Fleet Street Publications

P.S. Grab your 14-day review copy of the Practical Tax Loose Leaf before the end of the month and we'll send you a free copy of two of the team's best creations yet:

How to Survive a SARS Audit contains:

•     22 checklists to assess your risk
•     Details of the 13 items SARS will check
  
•     4 expenses SARS will target
  
•     11 questions SARS will ask you
  
•     What to do when SARS issues an assessment
  

Take on SARS and Win! covers:

•     The benefits of Appropriate Dispute Resolution (ADR)
•     How to object to an assessment by SARS
  
•     What to do if your objection gets disallowed
  
•     When SARS may/may not settle your dispute
  
•     The regulation of ADR
  

They're yours, no charge.

P.S. Don't pay any money now! Review the 100% legal tips and strategies. Learn how to pay less tax and be perfectly compliant. 14 days later decide whether you want to keep the team working,  for you... or not. You have no risk. I personally guarantee it.