Cryptocurrency Is Either A Powder Keg Or Panacea: Which Way Will We Go?
During 2020, crypto platforms the world over sailed into the heavens, then plummeted months later. Amid the joys and sorrows experienced by investors, come new concerns about cryptocurrency regulation and what it would mean for South African taxpayers.
No Longer Under the Radar: SARS Puts a Magnifying Glass Over Crypto Exchanges
For the past few years, many have speculated on whether SARS would approach cryptocurrency exchanges directly to disclose their customers’ information. Until recently, taxpayers have largely regarded cryptocurrency as something that exists outside of the reach of the revenue collector.
Working For An International Organisation In SA? Get Your Tax Strategy In Place
South African residents who work for international companies inside South Africa need to be sure they have a clear understanding of their tax situation or risk losing out, says Thomas Lobban, Legal Manager for Cross-Border Taxation at Tax Consulting South Africa.
Constitutional Court Delivers Bad News For Loyalty Programme Operators
On 21 May 2021, the Constitutional Court handed victory to SARS in a decision that may have sweeping ramifications for retailers who operate loyalty plans similar to the Clicks ClubCard loyalty programme.
Non-Compliant Expats In Africa Headed For Tax Showdown With SARS
South African expatriates who ignore their tax obligations will soon find themselves in hot water with SARS.