Maggie Kgobane(Tax Expert) live on Yilungelo Lakho

Maggie Kgobane was interviewed on Tax related matters with SARS Manager Thokozani Mzantsi and Advocate Ombudsman Eric Mkhawane of SARS on Yilungelo Lakho on SABC 1 on the 10th of July 2017. Maggie shared her expertise with utmost confidence. She addressed questions that are frequently asked by taxpayers regarding Taxation and included useful guidelines that […]

Scams and Phishing Attacks

Members of the public are randomly emailed with false emails made to look as if these emails were sent from SARS, but are in fact fraudulent emails aimed at enticing unsuspecting taxpayers to part with personal information such as bank account details. Examples include emails that appear to be from returns@sars.co.za or refunds@sars.co.za indicating that tax payers […]

Guide on the Determination of Medical Tax Credits (Issue 7)

The guide provides general guidelines to determine the medical fees tax credit and additional medical aid tax credit for income tax purposes. The guide includes the relevant definitions and formulas as well as detailed examples for purposes of the medical fees tax credit and additional medical aid tax credit calculation. Read More

BPR 242: Venture Capital Company Investment in Qualifying Companies

This ruling determines – Whether or not the investee is a “controlled group company” and that the shares purchased by the Applicant and Co-Investor is “equity shares”; and The meaning of “hotel keeper” and the allowances that a hotel keeper may claim. The Applicant and Co-Investor intends to invest in qualifying companies that will carry […]

D v Commissioner, SARS (VAT 1390):

“Whether the delivery of food orders to the taxpayer’s customers constitute a service supplied by it for consideration in the course, or furtherance, of its enterprise (and therefore whether same is within ambit of Value Added Tax Act, No. 89 of 1991). If so,  whether VAT falls to be paid on taxpayer’s delivery charges or […]

Taxation Laws Amendment Bill & Tax Administration Laws Amendment Bill Update

The 2016 draft taxation laws amendment bill and draft tax administration laws amendment bill has been published for public comment. Comments are due by 8 August 2016. 2016 Draft Tax Administration Laws Amendment Bill The draft Tax Administration Laws Amendment Bill, 2016, is hereby published for comment. The draft legislation gives effect to matters presented […]

Working in South Africa: The Tax & Fiscal Implications

South Africa is one of the expatriate jurisdictions where proactive planning makes a significant difference to the tax and exchange control implications of an international mobile employee. The primary reasons are: Unlike most other countries, with good planning, you only become ‘tax resident’ in the beginning of your sixth year in South Africa; and There […]

2015/16 Budget Updates

Taxpayers are reminded to take into account some of the changes announced in by Finance Minister Nhlanhla Nene in his budget speech on 25 February 2015: Contributions to an Income protector no longer tax deductible; The primary rebate has been increased to R13 257; and The medical scheme fees tax credit for monthly medical contributions for […]

2015 Tax Indaba – Jerry Botha

Day 3 Stream 2 – Administrative and IT Issues in payroll

2014 Tax Indaba – Jerry Botha

Tax Law changes impacting employee remuneration and benefits, remuneration structuring and employee pay practice Tax Indaba 2014 9 – 13 June 2014