Managers of Wealth Africa

Big change for VAT in South Africa as SARS pushes new system

According to SARS, the transformation will enable a long-term shift to a digitally driven, transparent and resilient VAT administration.

SARS fraud warning for South Africans

As SARS continues to simplify filing through digital services and pre-assessments, cybercriminals are using increasingly convincing scams that closely resemble legitimate SARS communication.

PwC Flags Legal Gaps, Enforcement Challenges in Nigeria’s New Virtual Asset Tax Rules

The guidelines additionally introduce a 1 per cent withholding tax on gross disposal proceeds for cryptocurrencies, security and investment tokens and NFTs, with VASPs responsible for collection.

‘Digital tax system cuts leakages, corruption’

Represented by the Coordinating Director of OGIRS, Taiwo Ogundimu, Olaleye said the reforms would address inequality in the tax system and reduce the burden on low-income earners.

Meet the Managing Partners behind Nigeria’s 10 biggest audit firms

Behind these firms are the managing and principal partners responsible for driving audit quality, business development, regulatory compliance, and client relationships.

New tax rules could hit Nigeria’s $92 billion digital asset market, coalition warns

The Coalition, an alliance representing digital asset participants and operators in Nigeria

New tax laws for medical aid credits, companies, and spousal donations in South Africa

These draft bills include the tax proposals outlined in the National Budget presented in February 2026.

Can I transfer part of my retirement savings to my spouse to reduce our tax burden?

It depends on your and your wife's ages, income and financial circumstances.

Double-tax for wealthy foreigners in South Africa

Despite being a developing country, South Africa is a high-tax jurisdiction, with a top marginal personal income tax rate of 45%.

New ‘tax’ for petrol and diesel is coming

Green noted that both the US and Iran are fighting to control the Strait and to implement tolls.

CASP 2026: Government Prepares Tax Cuts. Find Out Which Sectors Will Be Covered

The minister explained that the ongoing reforms aim to create a more favorable business environment and make the agricultural sector more attractive to private investment.

SARS nails taxpayer for R62 million VAT fraud

The sentencing is an outcome that the South African Revenue Service (SARS) has warned awaits those who seek to defraud the country.

Important information for anyone who was auto-assessed by SARS in South Africa

From 13 July, taxpayers who were auto-assessed can amend their returns, and tax experts warn that one of the easiest mistakes to overlook could cost them valuable deductions.

Industry push forces Sars to scrap premature trust penalties

But trust penalties remain, and new letters of final demand are on their way.

7 companies collect a R40 billion ‘paycheque’ every year from taxpayers in South Africa

South Africa’s automotive incentives are provided through the Automotive Production and Development Programme (APDP2), which supports large-scale vehicle manufacturing and exports.

Allan Gray sends auto-assessment warning to taxpayers in South Africa

Taxpayers selected for autoassessment will receive an assessment directly from SARS without having to submit a return upfront.

A solid outing for VAT receipts in Q1

This surge likely reflects improved compliance and stronger enforcement among multinational firms

How to legally pay less tax in South Africa

The key is understanding what can be claimed and keeping accurate records throughout the year.

Taxpayers in South Africa warned to check their banking details before next week

SARS commissioner Johnstone Makhubu noted earlier this month that the revenue service is expecting to issue in excess of 6 million auto assessments in 2026.

VAT gains lift FAAC revenues to record high

This marks the highest allocation for as far back as we can track, highlighting the progress in revenue mobilisation, supported by the positive impact of recent fiscal reforms.