South African households are likely to start to feeling the pinch from surging petrol and paraffin prices, marked increases in excise duties on alcoholic beverages
Treasury proposal to include an emigrant’s SA retirement funds within the net of assets subject to exit tax is problematic. The Budget Review 2021 includes
On 24 February, Finance Minister Tito Mboweni delivered South Africa’s 2021 National Budget speech. An upbeat Mboweni announced several tax measures, some providing relief for earners
The New Normal is upon us. Nobody quite knows how it will affect business going forward except that it certainly will. Where the business of
In terms of section 25(7) of the Tax Administration Act, 2011, I, Edward Christian Kieswetter, Commissioner for the South African Revenue Service, hereby prescribe that
2018 and 2019 can best be described as the years where government and several organs of state saw a turnaround strategy be implemented to reverse
We recently had a walk-in client approach us wide-eyed with a Sars assessment demanding a payment of R52 000. In these unprecedented times, we are
While a retirement annuity isn’t a silver bullet, its benefits are clear. Almost every South African will pay some form of tax in their lifetime.
1 March 2021 marks a watershed for retirement funds in South Africa, says Jean du Toit, attorney and head of tax technical at Tax Consulting
outh Africa has joined the bandwagon in imposing export taxes to either collect more revenue or alter the flow of goods across borders. The Customs
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