The absence of details around the proposal may cause unnecessary panic, prompting experts to warn those wanting to emigrate against making rash decisions.

South Africans abroad note.

If the correct procedure was not followed by your employer, you may be able to bring a case to the ombud to seek compensation.

The exit tax may very well lead to the double taxation of retirement interests.

Company submitted PAYE and VAT returns, but failed to make payments.

It's getting even more complex and expensive.

Taxpayers need to speak to their advisors to understand these proposed changes and when they will come into operation.

National Treasury published the latest Draft Tax Bills on July 28.

On the face of it, the relief measure will help businesses stay afloat, but employers should think carefully before they choose to implement it.

'The price of scrap will collapse. This will take many of the smaller recyclers out of business' - XA International Trade Advisors' founder.

As allies seek to set a global minimum rate of at least 15%.

That which couldn’t be stolen was smashed to bits.

But there are ways to avoid disputes with Sars.

And putting around 3 000 jobs at immediate risk, according to Save SA Smelters.

Taxpayers should note that their acceptance – or rejection – of an auto-assessment is not automatic: they must let Sars know whether they agree with it or not.