Managers of Wealth Africa

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.

Nigeria’s new tax regulations and their unintended consequences

The FIRS has introduced a 90-day transition period, in keeping with the 2017 National Tax Policy, ostensibly to ease the adjustment for businesses.

R36 billion ‘gift’ to taxpayers from SARS

When read in conjunction with the laundry list of potential criminal convictions in the tax acts, even the smallest of mistakes may cost taxpayers dearly.

Make tax free for small-scale businesses to increase national productivity in Nigeria

If the government provides tax relief for them, employers will be more likely to hire, and discipline will follow.

SA proposes carbon tax changes to increase offsets

The public has until 13 December to comment on the proposals.

SARS takes aim at PAYE in South Africa

Employers are now being urged to carefully assess their PAYE practices to confirm compliance with tax regulations.

Alarm bells over wealth tax in South Africa

Based on these findings, a decision will be made.

Global tax rises leave no one behind, including South Africa

Don’t be fooled by the country’s seemingly low taxes; they’ve gained at a brisk pace as a percentage of economic output.

The end of medical aid tax credits and new wealth taxes on the cards for South Africa

The review of tax incentives, following the advice of the Davis Tax Committee, has led to a number of incentives being discontinued

Tax bills not threat to revenue-collecting agencies – FIRS

The Federal Government is repositioning its fiscal outlook to be able to meet the funding requirements of all agencies.

Taxpayer trust in Sars stagnates

More trust needed to improve tax compliance.

Standardised global tax for the super-wealthy mooted

How to raise R4.4trn a year? Tax the world’s billionaires, IFA congress in Cape Town, its first on African soil, hears.

Discovery’s double blow warning to certain businesses in South Africa

South Africa’s Carbon Tax Act, which was signed into law in 2019, began with a modest R190 per tonne carbon tax, supported by incentives.