01/22/2025
A higher VAT revenue intake in Q3
The sequential increase in VAT collection was driven by higher VAT collections across all revenue items.
01/22/2025
The sequential increase in VAT collection was driven by higher VAT collections across all revenue items.
01/22/2025
While SARS anticipated about 1.1 million companies to submit returns for the year, it is evident that most of the earnings are concentrated at the top.
01/21/2025
It’s essential to view a TFSA as an integral part of your broader investment strategy to ensure it aligns with your financial goals.
01/21/2025
While some stakeholders described the drastic adjustments made by the governors as a compromise on the bills, others viewed the action of the NGF as unfair since the proposal is meant to redress age-long injustice in the nation’s tax system
01/14/2025
The R1m threshold should have doubled by now.
01/13/2025
The government’s estimates are based on the level of care provided by the state, which is far below that of the private sector.
01/09/2025
Investors will carry a heavier burden and could be ‘disincentivised’ to invest in such schemes.
01/08/2025
The tax man will require a detailed description of the kind of donation in its updated Donations Tax Declaration Form (IT144), which became effective on 1 November 2024.
01/07/2025
It also looks to curb “tax competition,” a practice where nations reduce corporate tax rates to lure in investments.
01/06/2025
The proposed legislation has faced stiff resistance from various players in the country
01/06/2025
Specifically, the National Treasury is assessing information on South African high-net-worth individuals a wealth tax will target.
01/03/2025
It all boils down to the residence-based taxation system in SA, which Sars is guided by under the Income Tax Act.
01/02/2025
These changes are particularly aimed at Small and Medium Enterprises, manufacturers, producers, and farmers – sectors considered vital to Nigeria’s economic stability and growth.
12/31/2024
The proposed changes aim to address these issues by simplifying the system
12/31/2024
He said high-income earners would pay slightly more in a progressive manner up to 25 per cent for the ultra-high net worth individuals.
12/19/2024
He explained that the new tax bills would also provide avenues for Small Scale businesses
12/18/2024
VAT collections for the same period reached N1.28tn
12/16/2024
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
12/10/2024
South Africa’s tax base is already tiny. Just 1.
12/04/2024
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.