NEWS | SARS SIGNS HEAVY HITTER TO JOIN ITS RANKS
It is no secret that wealthy South Africans are the focal point in SARS’ efforts to close the tax gap. SARS has progressively implemented specific steps in pursuing this objective, including the use of information from other jurisdictions, third party data and the promise of lifestyle audits. But the latest and probably the most insightful […]
NEWS | SARS MAY BE YOUR FOLLOWER ON SOCIAL MEDIA
It has been widely reported that SARS has committed to probing the tax affairs, and information disclosed by high-net-worth individuals (“HNWI”) on their tax returns, in order to determine their compliance with the respective tax legislation, with the establishment of the High Wealth Individual Taxpayer Segment (HWI).
NEWS | CRYPTOCURRENCY TAX: THE CANARY IN THE COALMINE
In 1911, coal miners would delve into the depths of the earth with little or no guiding light and none but their own belaboured breath as company. These men faced a silent killer – carbon monoxide levels underground could increase until it was too late for them and no one was left standing.