05/19/2020
Government has introduced a new COVID-19 Levy applicable for the years of assessment commencing on 1 July 2020, 1 July 2021 or 1 July 2022 for employers (individuals, sociétés and companies) who have benefited from the Government Wage Assist
05/13/2020
ENSafrica recruited two accountants as tax executives in March.
05/08/2020
Under the voluntary tax disclosure plan, which shall run for three years with effect from January 1, 2021, the Treasury says those who declare pending liability and pay within one year shall enjoy 100 percent interest and penalty waiver.
05/08/2020
The DCI sleuths and customs officials from the Kenya Revenue Authority are now seeking to establish if the owners were deliberately under-declaring the consignments or smuggling taxable products.
05/03/2020
South African tax residents and non-South African tax residents are taxed differently. South African tax residents are required to pay tax on income earned in South Africa and overseas.
05/03/2020
Africa Melane gets input from Judge Dennis Davis, chairperson of the Davis Tax Committee.
04/29/2020
The sheer scale of the problem is by its very nature hard to quantify.
04/26/2020
The new law further lowers turnover tax rate from 3 to 1 percent.
04/09/2020
Kasib warns that the tax will lead to an increase in the cost of stockbrokerage, which will ultimately be paid by investors.
04/07/2020
The introduction of the tax is set to remove the single most distinctive and attractive feature of these bonds
03/31/2020
The bank’s loan book, deposits and asset base grew by five percent, 15 percent and five
03/27/2020
These measures, which vary in magnitude and scope, are intended to mitigate the economic and fiscal effects on businesses and individuals.
03/24/2020
Large amounts are being diverted offshore through base erosion and profit shifting, which involves diverting earnings made in SA, particularly by multinational companies, to lower-tax jurisdictions.
03/20/2020
The permanent secretary who stated that tax payment was part of the constitutional responsibility of Nigerians
03/17/2020
Provided that money paid into ones’ own account or transferred electronically between accounts of the same owner by the owner within the same bank shall not be chargeable to duty.
03/17/2020
Currently, business tax rates on profits vary between 15% for the tourism, agriculture and fisheries sector; 25%-30% for small- to medium-sized businesses; and 33% for the largest businesses.
03/02/2020
The bank will be appealing to the Federal High Court against the decision of the TAT as it believes
02/25/2020
As scrutiny of her business empire increased, African billionaire Isabel dos Santos turned to one of the world’s most secretive tax havens to conceal a $1.8 million luxury apartment.
02/17/2020
It is estimated that there are more than 100 000 South Africans in Dubai alone, many thousands of whom will be earning in excess of R1 million a year.
02/11/2020
"The expat tax exemption has always been there, it is now just being capped. This is because the intention was never to have South Africans working abroad not paying any tax at all.