Managers of Wealth Africa

Retirement tax warning for South Africans

Lange said this shows the tough financial environment South Africans are in, but warned that withdrawals have a double cost.

FIRS taps EFCC to enforce tax compliance

Adedeji also emphasised the importance of inter-agency cooperation in sustaining financial stability and building trust in Nigeria’s revenue system.

TaxTim acquired by consortium led by Twofold Capital

Deal includes partial exit for co-founder Evan Robinson, who will remain involved in product strategy.

South African business confidence weakens as US tariffs hit exports

President Donald Trump’s administration last month imposed a 30 per cent tariff on a range of South African goods

SA factory mood sours as Trump’s tariffs hit exports

‘Both domestic and global demand remain under pressure,’ the lender said.

SARS going after one group of South Africans hard

Then, SARS sends you a letter demanding months of payslips, payroll reconciliations, proof of foreign taxes paid, travel dates, and even the duration of every international trip you’ve taken.

Bigger tax burden awaits SA residents with foreign retirement income

Government wants to remove current tax exemption on pension payouts.

GRA moves to recover GH¢47m in unpaid taxes from state institutions

Mr Sarpong emphasized that the authority was committed to improving tax compliance across all sectors.

SARS has a new target in South Africa

“Influencers are people who make money out of having a lot of followers on the various social media channels on which they post content.

Why Q3 is the smartest time to tackle tax debt in South Africa?

But acting now, rather than later, can give you a financial and legal advantage that is difficult to replicate in other periods.

SARS announces more tax return changes for 2025

SARS has now implemented an “interim solution” to activate this part of the tax return, introduced via the SARS Online Query System.

Treasury shuts door on ‘honest mistakes’ as tax penalty rules tighten

Treasury publishes proposals to tighten tax laws

SARS is coming after these retirement funds with new laws

This will impact any South Africans who have worked abroad and accumulated foreign retirement funds, or foreign nationals who have become tax resident in South Africa.

A marked improvement in VAT revenue

As expected, domestic VAT, up 46% y/y to NGN917bn

South Africa's richest woman Magda Wierzycka considers returning due to UK tax changes

Wierzycka has said that these policies could force her to relocate back to South Africa.

US tariffs cost South African company R750 million

The US has implemented 30% tariffs on products from certain countries, including South Africa

Improved taxation systems key to reducing Libya’s dependence on oil revenues

The training aimed to enhance the Libyan tax authority’s practical knowledge of international best practices in e-taxation and strengthen their ability to set an efficient e-taxation system.

SARS extends tax breaks for major developments in Cape Town

However, a recent announcement by the Finance Minister has extended this to March 2030.

SARS announces changes for non-resident taxpayers

The taxpayer’s information will be stored and used in the subsequent year of assessment unless the taxpayer’s circumstances have changed subsequently, SARS said.

Important two-pot tax laws passed in South Africa

The National Treasury has also noted that further changes to the laws will be coming in future cycles, which could have more significant changes.