ft-Cryptocurrency-Tax-The-Canary-in-the-Coalmine-TC

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.

NEWS | SARS IS CRACKING DOWN ON CRYPTOCURRENCY OWNERS

Some South Africans who have bought cryptocurrencies in recent years are being audited by the South African Revenue Service (SARS), who has sent them letters requiring more information about these investments.

Oorsese Inkomste So Belas

NEWS | OORSESE INKOMSTE SÓ BELAS

Dis moeilik om te bepaal of die veelbesproke ekspat-belasting verlede jaar ’n groot impak gehad het op Suid-Afrikaners se besluit om oorsee te gaan werk – of wáár.

NEWS | POSITIVE BUDGET SPEECH, BUT POOR REVENUES PUT HIGH EARNERS AT RISK

On 24 February, Finance Minister Tito Mboweni delivered South Africa’s 2021 National Budget speech.

Budget Takes Of Ordinary Taxpayers Into Account

NEWS | BUDGET TAKES PLIGHT OF ORDINARY TAXPAYERS INTO ACCOUNT, BUT NO COMPROMISE ON TAX COLLECTION

In this year’s budget speech, Minister of Finance Tito Mboweni steered a course between providing some relief to beleaguered taxpayers after a challenging year while still trying to stick to the government’s existing fiscal plans, says Thomas Lobban, Legal Manager for Cross-Border Taxation at Tax Consulting South Africa.