UIF Contributions Law Change

SARS has Issued Interpretation Note 98

SARS Binding General Ruling (VAT) 43

Date: 12 September 2017 Act: Value-Added Tax Act 89 of 1991 Purpose: The BGR sets out the circumstances under which the supply of gold is regarded as falling within the exclusions envisaged in paragraph (ii) of the definition of “second-hand goods” in section 1(1). This binding general ruling is effective from 1 April 2017 until […]

SARS Binding Private Ruling 278

Date: 12 September 2017 Act: Income Tax Act 58 of 1962 Summary: This ruling determines the income tax consequences in respect of the issue of equity-linked notes (Notes) by a covered person. This binding private ruling is valid for a period of five years from 18 July 2017.   For access to the entire ruling […]