Managers of Wealth Africa

SARS nails taxpayer for R900,000, freezing his account, and ordering his bank to pay up

The case centred on the taxpayer receiving undue payments from a fraudulent VAT refund scheme that occurred in 2024.

Mozambique May Commit 96% of Tax Revenue to Wages and Debt by 2027

The pressure stems from a trajectory of entrenched fiscal rigidity projected by the Ministry of Finance.

New tariffs on the cards for South Africa

The request noted that South Africa’s paper manufacturing industry is facing pressure from international competition.

Warning for taxpayers about the 2026 filing season

The emails often use phrases such as “Refund due” or “SARS letter of demand,” prompting recipients to open the file without verifying its source.

SARS commissioner has a message for taxpayers in South Africa

This resulted in the development of world-class systems, the rise of automated assessments, and the closing of various tax loopholes in legislation.

Taxpayers score a major win against SARS

The SCA ruled that they are—at least in the specific circumstances outlined in law.

Offshore Income, Onshore Tax: Botswana’s new attribution rule redraws the boundaries of residency

With the ownership and low-tax tests satisfied, the next question is what income is actually in scope.

Three taxes punish South Africans for saving and investing

Capital gains tax applies when an investor sells an asset for more than its base cost, De Villiers explained.

Mozambique Tax Revenue Rises 11.9% in First Half of 2026

Tax receipts for the period represented 47.5% of the full-year target, compared with approximately 149.7 billion meticais (2 billion euros) collected in the same period of 2025.

SARS nails taxpayer with R2 million penalty for tax return fraud

The taxpayer thought they were in the clear, but SARS’ new AI capabilities picked up a risk assessment, prompting the revenue service to investigate further.

What to know about double taxation treaties

The agreement which was signed virtually will also curb tax evasion and avoidance, and create a more predictable tax environment for businesses and investors operating across both economies.

Wealthy but cash poor: Why ‘tax clever’ retirement structures can trap families

If a structure saves tax but leaves a family confused, delayed and cash-strapped, it may not be clever at all.

SARS three-year warning for taxpayers in South Africa

This rule applies unless SARS can demonstrate that the taxpayer was incorrectly assessed due to fraud, misrepresentation, or the non-disclosure of material facts by the taxpayer.

SARS nails taxpayer in new VAT ruling

In a case where a business has expenses for both taxable and non-taxable purposes, an apportionment method is used to determine how much tax is due.

Big change for VAT in South Africa as SARS pushes new system

According to SARS, the transformation will enable a long-term shift to a digitally driven, transparent and resilient VAT administration.

SARS fraud warning for South Africans

As SARS continues to simplify filing through digital services and pre-assessments, cybercriminals are using increasingly convincing scams that closely resemble legitimate SARS communication.

PwC Flags Legal Gaps, Enforcement Challenges in Nigeria’s New Virtual Asset Tax Rules

The guidelines additionally introduce a 1 per cent withholding tax on gross disposal proceeds for cryptocurrencies, security and investment tokens and NFTs, with VASPs responsible for collection.

‘Digital tax system cuts leakages, corruption’

Represented by the Coordinating Director of OGIRS, Taiwo Ogundimu, Olaleye said the reforms would address inequality in the tax system and reduce the burden on low-income earners.

Meet the Managing Partners behind Nigeria’s 10 biggest audit firms

Behind these firms are the managing and principal partners responsible for driving audit quality, business development, regulatory compliance, and client relationships.

New tax rules could hit Nigeria’s $92 billion digital asset market, coalition warns

The Coalition, an alliance representing digital asset participants and operators in Nigeria