NEWS | RELIEF FOR EXPATS CONFIRMED WITH PROMULGATION OF TAX LEGISLATION
South African expatriates have been kept in suspense regarding a proposed law change aimed at providing relief to those who could not leave the country under lockdown.
NEWS | TOP 5 PAYE ERRORS THAT COULD COST YOU DEARLY WITH SARS
With COVID-19 burdening the economy and SARS seeking to increase its revenues however it can, organisations with misconceptions about how certain payroll elements should be taxed may unknowingly be exposing themselves financially.
NEWS | 2020 TAX PROPOSALS SIGNED INTO LAW – 10 KEY CHANGES
The President has given effect to the 2020 tax proposals by signing three tax Acts into law. On 15 January 2021, the President gave his assent to the Rates and Monetary Amounts and Amendment of Revenue Laws Act No. 22 of 2020 (“Rates Act”), the Taxation Laws Amendment Act No. 23 of 2020 (“TLAA”) and […]
NEWS | SOUTH AFRICA’S SHRINKING TAX BASE PILES PRESSURE ON SARS
Over the course of lockdown, pundits have shared some harrowing statistics regarding the increase in unemployment in South Africa. In general, our unemployment rates are moving in the wrong direction and the affected households have suffered great hardship as a result, but it is important to understand what this means for our tax base and […]
NEWS | LAST CHANCE FOR SA EXPATRIATES TO COME CLEAN WITH SARS
South Africans living or working abroad can no longer avoid the long arm of SARS. Under pressure to meet its revenue quotas, the tax authority has started auditing the country’s non-compliant expatriates in earnest.