A proposal to tax withdrawals of retirement interest for individuals who are no longer tax residents in SA, will be reworked as it currently may
Finance minister Enoch Godongwana is expected to clarify South Africa’s fiscal situation in his maiden Medium Term Budget Policy Statement (MTBPS) on Thursday (11 November),
The government could fund a new basic income grant for South Africa by borrowing money, but ultimately it will be taxpayers who pay for the
I’m 57 years old and I took early retirement last year in October because of Covid-19 regulations. Now I want to cash in my money held by
Recently the Mauritius Revenue Authority (“MRA”) announced by way of a Statement of Practice (“SOP”) that foreign trusts held in Mauritius will no longer be
South Africa is looking to amend tax treaties with three countries in a bid to boost the exchange of information between tax authorities and clamp
Tax revenue collection has shifted significantly in South Africa over the last decade as the government grows increasingly reliant on individual taxpayers, a new report
The National Prosecuting Authority (NPA) is issuing summonses to taxpayers with outstanding tax returns. Sars commissioner Edward Kieswetter has promised that they will make life
Not everyone will need to submit a tax return this year. “This is because, in line with what happened last year, SARS will be auto-assessing
During the webinar, the SARS Commissioner, Edward Kieswetter, advised taxpayers to think carefully before claiming their home office expenses and cautioned against having a “catch-me-if-you-can”
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