Managers of Wealth Africa

Compulsory Vat registration threshold last increased in 2009

The R1m threshold should have doubled by now.

Extra R37,000 in tax needed for the NHI in South Africa

The government’s estimates are based on the level of care provided by the state, which is far below that of the private sector.

Unit trust investors may pay more tax

Investors will carry a heavier burden and could be ‘disincentivised’ to invest in such schemes.

SARS eyes large Christmas gifts

The tax man will require a detailed description of the kind of donation in its updated Donations Tax Declaration Form (IT144), which became effective on 1 November 2024.

Ramaphosa signs off massive new law for South Africa

It also looks to curb “tax competition,” a practice where nations reduce corporate tax rates to lure in investments.

FG can retain VAT as it is – Oyedele

The proposed legislation has faced stiff resistance from various players in the country

Major tax changes to watch out for in 2025

Specifically, the National Treasury is assessing information on South African high-net-worth individuals a wealth tax will target.

Tax relief options can help South African expats protect their foreign-earned income

It all boils down to the residence-based taxation system in SA, which Sars is guided by under the Income Tax Act.

New withholding tax policy begins

These changes are particularly aimed at Small and Medium Enterprises, manufacturers, producers, and farmers – sectors considered vital to Nigeria’s economic stability and growth.

Proposed tax to ease burden on low-income earners, says Oyedele

The proposed changes aim to address these issues by simplifying the system

90% of workers will pay lower taxes after reform, says Oyedele

He said high-income earners would pay slightly more in a progressive manner up to 25 per cent for the ultra-high net worth individuals.

Tinubu’s Tax Reforms Bill Will End Multiple Taxation- Financial expert

He explained that the new tax bills would also provide avenues for Small Scale businesses

Google, Facebook, others pay N3.8tn tax to FG – Report

VAT collections for the same period reached N1.28tn

The taxman is not going anywhere this festive season

The tax experts added that the era when tax compliance was seen as optional or a “nice-to-have” is over as today’s tax environment requires full transparency

The looming reality of a wealth tax in South Africa

South Africa’s tax base is already tiny. Just 1.

Tax reform: Tinubu orders review as protest persists in NASS

The President, who is in South Africa, handed down the review order on Tuesday as some northern youths stormed the National Assembly in support of the bills.

Nigeria: CUPP, CNG differ over potential danger of planned tax reforms

The priority for the country now is not tax reform, but economic reform that will impact on the lives of the citizens

How tax reform bills can end elite financial recklessness – Bishop Kukah

Speaking on Channels TV’s Morning Brief on Tuesday, Rev. Kukah highlighted Nigeria’s untapped potential and the need for better structures to harness its citizens’ energy and talents.

Tax panel to defend bill at Senate debate today

The Senate Leader, Bamidele Opeyemi, stated that the bills would be debated at the plenary on Thursday.

Offshore moves: Timing the rand (or not) and optimising taxation

Structuring direct offshore investments can be very valuable within a holistic strategy. However, there are a few technical details to navigate.