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Tax

12/05/2017

ANALYSIS: SARS intensifies focus on the rich and ultra-rich with expanded team

The committee recognises that "fiscal citizenship" is improved by building "trusting relationships" with high net-worth individuals to inspire confidence in the tax authority.

12/04/2017

Nigeria: We'll Name, Shame Tax Defaulters After VAIDS in March, 2018 - Adeosun

When we did the analysis, only 241 people in the country were paying above N20 million.

12/03/2017

Kenya: KRA Says Kenya Risks Losing Billions in China Tax Agreement

This largely goes into infrastructure development.

12/01/2017

UN Tax Office Urged To Curb Offshore Tax Havens

UN Tax Office To Enable It Deal With Illegal Stashing Of financial Wealth To Offshore Tax Havens

12/01/2017

Tanzania: UN Tax Office Urged to Curb Offshore Tax Havens

Last year, the Bank of Tanzania welcomed the investigations on business tycoons and government officials alleged to have stashed away billions of shillings in offshore accounts, calling for cautious inquiries.

11/30/2017

World Bank and PWC study reveals risk of increased tax rate for SA

The Paying Taxes 2018 study further said that it takes more than six months in South Africa to get a Value Added Tax refund.

11/28/2017

Kenya Amnesty, an opportunity not to be missed

A process that addresses past non compliance and widens full tax compliance across all of society must be in everyone’s best interests.

11/27/2017

Banks and non-remittance of withholding taxes

These activities are frowned upon by Nigeria’s extant laws

11/27/2017

KPMG wants government to be ‘aggressive’ with data agenda

The shortfall in tax revenues translates into an overall underperformance of domestic revenue, which prompted government to cut its expenditure in order to keep to its deficit target.

11/22/2017

Andersen Global Announces Expansion in Uganda

“The team at Andersen shares our values of outstanding, seamless client service and independence—this is a natural fit.”

11/19/2017

African Ministers call for action to combat tax evasion in Africa

Taking this opportunity, France has committed to provide a substantial financial contribution for the new phase of the Africa initiative

11/17/2017

UK accountants call for easing of Kenya lending rate cap law

The Treasury and Central Bank of Kenya have supported the call for review.

11/14/2017

Wealth tax and VAT hike being considered – here’s what you could be paying: report

Early signs indicate that a wealth tax could raise as little as R6 billion, meaning that it will have to be used in conjunction with other tax hikes.

11/10/2017

Voluntary Disclosure – act now as the CRS is “live”

The tax Special Voluntary Disclosure Programme has come and gone.

11/10/2017

SA tax on your non-SA income – not so bad?

The truth of the matter is that this change is unlikely to affect most South Africans living outside South Africa.

11/10/2017

BDO to open office in Port Elizabeth

Our commitment to exceptional client service is founded on strong relationships, responsive and agile teams

11/08/2017

Adeosun: Offshore Tax Havens, Avoidance Schemes Not Illegal

According to a statement issued by her media aide, Mr. Oluyinka Akintunde, she was responding to a question about the legality or otherwise of the use of offshore tax shelters.

11/06/2017

These are the South African links found in the leaks

More details likely to be unveiled as journalists from around the world digests the 13 million plus files.

10/31/2017

Less than 15 million Nigerians pay tax – FIRS

Fowler said from available records, the total number of individual taxpayers across the country was below 15 million, with majority of those in the private sector

10/24/2017

Illicit outflows hurting Africa’s revenue collections, devt efforts

Africa has lost $50 billion through weak tax laws and treaties

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