02/15/2021
Taxing the rich has a wealth of potential benefits
Raising the taxes paid by South Africa’s estimated 350 000 wealthiest individuals could deliver much-needed additional revenue to the state’s emptying coffers.
02/15/2021
Raising the taxes paid by South Africa’s estimated 350 000 wealthiest individuals could deliver much-needed additional revenue to the state’s emptying coffers.
02/15/2021
Different investments will attract different taxes. Investors are also given some reprieve in the form of certain exclusions with regards to the different taxes that are payable.
02/15/2021
EGMS among key systems as the taxman continues to record high collections.
02/10/2021
In line with the stated intention to modernise SA’s existing exchange control system, three tax laws were promulgated on January 20
02/05/2021
The Treasury said in June, long before the country started ordering vaccines, that it plans to raise an additional R40 billion in taxes in the medium term.
02/04/2021
Have high-income earners been taxed more and more over the years and has a limit now been reached?
02/04/2021
Plugging the leaks would be better than resorting to a wealth tax, vaccination tax, solidarity tax, or general tax increase.
02/01/2021
Both the employer and provider are required to deduct Pay-As-You-Earn (PAYE) tax from the income they provide to the taxpayer and pay it over to SARS.
01/28/2021
Sars is slowly closing off the loopholes that have allowed high-net-worth individuals to hide the scale of their incomes
01/27/2021
Our firm has developed strong relationships with our clients by providing best-in-class solutions and maintaining the highest standards of professional conduct
01/27/2021
The country widened its debt service relief request to all its bilateral lenders, hoping to save a total of Sh69 billion.
01/22/2021
Richest 1% of population own 55% of personal wealth in country
01/22/2021
Taxpayers who take advantage of the programme will receive full or partial waiver of the penalties and interest, depending on the time of payment of disclosed taxes.
01/22/2021
The new tax has added more financial pain to households and businesses that started the year with tax relief measures rescinded by the National Treasury.
01/18/2021
Other options being explored include widening the budget deficit and reprioritising government spending.
01/13/2021
Drive around Clifton, Camps Bay, Bishop’s Court, Bryanston and Sandton and count how many houses there are that have to have that level of income for the upkeep.
01/12/2021
The safest route to remove ambiguity on tax residency status is to follow the formal financial emigration process.
01/12/2021
Last year, the government was also in pursuit of new DTA's with the government of Barbados and the Republic of Singapore.
01/08/2021
Be cautious around advice suggesting cashing in formal retirement savings and investing outside the formal retirement savings system: Alexander Forbes.
01/07/2021
After recovering from the shock of the introductory words of the notice, SARS extends an olive branch and states that it wishes to engage with the taxpayer first, in the interests of administrative justice.