Employee Tax Incentive Extension - Opportunities and Concerns

Employee tax incentive extension – opportunities and concerns

The Taxation Laws Amendment Act No. 23 of 2018, promulgated on 17 January 2019, extended the Employee Tax Incentive scheme (“ETI scheme”), which would have lapsed on 28 February 2019, for a further 10 years.

Tax Revolt Both Irresponsible and Highly Unlikely, Says Economists

Tax revolt both irresponsible and highly unlikely, say economists

Western Cape Premier Helen Zille’s call for a tax revolt is “quite anarchist” as it promotes civil disorder and disobedience, an economist has said.

Agrizzi's Revelations - Taking A Bet On Whether SARS or the NPSA Takes Prosecution Lead

Agrizzi’s revelations – taking a bet on whether sars or the NPA takes prosecution lead

The arrival of Angelo Agrizzi at the State Capture Commission has been nothing short of spectacular.

Cryptocurrencies Are Exploited Without Regulation

Cryptocurrencies are exploited without regulation

The South African Reserve Bank (SARB) released a consultation paper in January, wherein it discussed “cryptocurrency regulation”. This refers to the regulation of digital assets or virtual currencies, such as Bitcoin, which are used to trade online through secure transactions, called Blockchain. Today, there are over 1,600 cryptocurrencies worldwide. This includes obscure currencies, such as Vertcoin and […]

Offshore Tax Exemption To Be Reviewed

Offshore Tax Exemption to be Reviewed

The controversial tax on income South Africans earn abroad and the R1 million exemption on it will be revisited during a special workshop between National Treasury and industry players in coming weeks.