NEWS | NEW TAX LEGISLATION – NO REPRIEVE FOR ORDINARY TAXPAYERS
This week, on 26 November 2019, the National Assembly passed the latest tax bills, which is set to be promulgated by the President after it has been passed by the National Council of Provinces. On the face of it, some concessions have been made for individual taxpayers, but these offer cold comfort in the bigger […]
NEWS | A DEADLINE APPROACHES
The Section 12J Venture Capital Company (VCC) sector is fast approaching its moment of reckoning, as a sunset clause comes into effect in June 2021.
NEWS | KNOW WHEN YOUR TAX PRACTITIONER IS WORKING FOR SARS
SARS Views – Not a Law Unto Itself It is an unfortunate sight when tax advisors from varied backgrounds, but more so those who do not have a legal background, turn a blind eye to South African tax legislation and rather submit to the ever-dominating “views” of SARS.
NEWS | EXPAT TAX – WHAT YOU NEED TO KNOW
A recent amendment to section 10(1)(o)(ii) of the Income Tax Act, affecting South Africans working abroad, has resulted in major panic and concern. South African tax residents working abroad will now find themselves having to pay tax on their income insofar as it exceeds R1 million.
NEWS | ALL YOU NEED TO KNOW ABOUT EXPAT TAX IS NOW IN ONE PLACE
The impact of the future tax treatment of income earned by South Africans while they are living and working abroad has been widely publicised. It has also contributed to the first publication of its kind that deals with the tax considerations of South Africans abroad or those with international interests, and foreigners working and living […]