NEWS | BINDING GENERAL RULING 52: TIMEFRAME FOR THE EXPORT OF GOODS BY VENDORS AND QUALIFYING PURCHASERS AFFECTED BY THE GLOBAL COVID-19 PANDEMIC
Issue This binding general ruling extends the time periods to export movable goods, apply for a refund from the VAT Refund Administrator, and obtain the relevant documentary proof of export, as stipulated in the Export Regulations and IN 30 respectively.
NEWS | THE OPPORTUNITY TO GET SOME RELIEF FROM TAX DEBT DURING COVID-19
Many businesses, and especially small and medium sized entities, have jumped at the opportunity to apply for debt deferral or debt compromises.
NEWS | FIVE MISCONCEPTIONS ABOUT DOUBLE TAX AGREEMENT RELIEF
If a South African expatriate had to describe the year 2020 in one word, “uncertainty” would no doubt rank as one of the most appropriate.
NEWS | EMERGENCY BUDGET: FEW OPTIONS AVAILABLE TO GET SA OUT OF ITS ECONOMIC PIT
Finance Minister Tito Mboweni is facing his own crisis. He will be delivering South Africa’s – probably first – emergency budget in the wake of a massive economic decline.
NEWS | THE NEW TAX CASE ALL SOUTH AFRICANS SHOULD KNOW ABOUT
The High Court in Pretoria recently ruled that taxpayers have a right to be notified before the South African Revenue Service (SARS) appoints an agent to collect ‘outstanding tax debt’.