How can I get faster AIT approvals?

How can I get faster AIT approvals?

  1. Ensure your updated Assets and Liabilities are updated till the end of the previous financial year i.e. end of February. Click here to update your Assets & Liabilities.
  2. If you haven’t shared e-filing access with Vitalis (our in-house AIT team), here’s why you should:
    1. A shared profile makes AIT applications faster.
    2. Our system runs automatic checks and provides timely SARS updates.
    3. Both parties can track applications and outcomes in real time.
    4. Vitalis can temporarily share access with your accountants for tax submissions.
Submit a ticket to learn more or get started with sharing your efiling access.

    • Related Articles

    • What is SDA, AIT and TCC?

      The maximum amount of money that residents are allowed to transfer out of the RSA for personal or investment purposes is R11 million per calendar year. This amount is divided as follows: Single Discretionary Allowance (SDA): The maximum limit is R1 ...

    • Is cryptocurrency arbitrage legal?

      Yes. South African Reserve Bank (SARB) have acknowledged and approved our process. This along with our legal opinion on the Currency and Exchanges Act, and with the support of our counterparties such as Capitec, means we are able to engage in legal ...

    • Why is CURRENCY HUB’s “Active Trading Strategy” unique?

      Having the FX intermediary license and the FSCA Cat II discretionary asset management license is unique to Currency Hub. This means that it allows us to simultaneously book and hedge the forex rate while negotiating the best premium rate with the ...

    • Why do we discourage setting minimum trading premia?

      The founders of Currency Hub have always traded their allowance in Q1 since 2017. Why? Because premiums decline over time, and timing spikes is impossible—just like in equities, where Warren Buffett advises staying in the market rather than trying to ...