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LATEST Tax  

Scraping the pots to find revenue

17 Feb 2021 /  Amanda Visser    16
Tax increases could have been one such pot, but it's already been scraped dangerously thin.

Sars puts through a sneaky change

15 Feb 2021 /  Barbara Curson   21
The law now allows the revenue service to reduce the amount of interest it must pay a taxpayer in the event of an overpayment.

New rebate on certain imported yarns and textiles is complex

12 Feb 2021 /  Amanda Visser  
Created on the back of a directive from dtic Minister Ebrahim Patel, it is supposed to support localisation of manufacturing.

When a company is delisted and liquidated, does this trigger a tax event?

10 Feb 2021 /  Jesse Morgans   3
And could I claim losses against my capital gains in the respective tax year?

Increased foreign investment allowances for individuals on the cards?

7 Feb 2021 /  Dr Albertus Marais   8
This would mark a significant departure from the existing regime.

Provident fund annuitisation kicks in from March

5 Feb 2021 /  Jenny Gordon   8
The annuitisation rules will apply to the non-vested benefits of all pre-retirement funds going forward.

No matter the label, SA has little tolerance for tax hikes

4 Feb 2021 /  Amanda Visser   36
Plugging the leaks would be better than resorting to a wealth tax, vaccination tax, solidarity tax, or general tax increase.

Eswatini revamps tax system, cuts debt arrears amid virus crisis

31 Jan 2021 /  Monique Vanek, Bloomberg    3
Intends introducing new levies to increase its tax take and bring more individuals and entities into the net.

Sars extends online ‘filing season’ deadline

28 Jan 2021 /  Moneyweb Reporter   12
Concessionary move aimed to assist Covid-19 weary South Africans.

Rising debt, the fiscal deficit, and taxes

27 Jan 2021 /  Barbara Curson   12
Will government, in desperation, introduce a wealth tax? A look at the backdrop against which the idea is being contemplated and the likely unintended consequences.

No Flash? No problem! Sars releases its own web browser

26 Jan 2021 /  Duncan McLeod   9
The is meant as a stopgap measure until Sars can move to more modern HTML5 technology in all of its forms.

Expect a lower tax shortfall – HSBC

26 Jan 2021 /  Larry Claasen   5
But the economic outlook remains tough.

SA wealth tax could raise R160bn: study

20 Jan 2021 /  Antony Sguazzin   80
World Inequality Lab proposes range of taxes on net wealth of above R3.82m.

Sars cannot be allowed an indefinite time to complete a Vat audit

20 Jan 2021 /  Amanda Visser   6
This would render tax legislation inherently unfair towards taxpayers.

[TOP STORY] Where we are with Section 12J at the moment

18 Jan 2021 /  Simon Brown  
‘Investors are still able to take advantage of the tax break’ for now: Dino Zuccollo, 12J Association of SA chairman.
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