05/13/2021
The NBS said that breweries, bottling and beverages generated the highest amount of CIT with N23.26 billion generated and closely followed by professional services including telecoms which generated N18.17 billion.
05/13/2021
Bishop is responsible for growing, developing, and enabling Sage’s regional network of business partners, accountants and strategic alliance partners
05/13/2021
"It has become a serious constraint to revenue growth and will cause further strain on government to increase spending on social benefits.”
05/06/2021
Part of "Tax Mind": A collection of thought provoking content for tax professionals.
05/03/2021
Similarly, experts at the University of the Witwatersrand in Johannesburg have suggested establishing a progressive wealth tax for those earning above R3.6 million which accounts for 354,000 high-earners in the country.
04/29/2021
Similarly, experts at the University of the Witwatersrand in Johannesburg have suggested establishing a progressive wealth tax for those earning above 3.6 million rand which accounts for 354,000 high-earners in the country.
04/21/2021
A wealth tax was widely rumoured, but will a taskforce targeting the rich achieve the same goal?
04/16/2021
“Businesses were also concerned about the effects of the third wave of the Covid-19 pandemic, particularly the success or otherwise of the vaccine rollout and the general decreased economic activity due to the pandemic.”
04/14/2021
The rate at which banks lend to each other on emergency basis is a good indicator of liquidity levels in the money market, going up when liquidity tightens and falling when the market is flush with shillings.
04/14/2021
All new emigration applications from 1 March onwards will be processed by the South African Revenue Service (SARS) in terms of a new procedure which will focus on the cessation of tax residence by a South African resident.
04/13/2021
The growing chances of being caught point to Sars getting ever more sophisticated with masses of data and global co-operation
04/09/2021
This was amid coronavirus-induced contraction in economic activities.
04/08/2021
The majority of organisations surveyed, especially in the banking sector, either had a fully-fledged tax function
04/08/2021
SARS said that the payroll data is of vital importance, as it gives a reconciled account of what amounts of tax the employer deducted from the taxable remuneration of each of its employees.
04/05/2021
Extant rules at the stock market require quoted companies to submit their audited report and accounts not later than 90 days after the end of the relevant business year.
03/31/2021
The wording of the proposal is unclear and no definitive date for implementation of the proposal is provided.
03/31/2021
The dispute arose from SARS’ allegation that the taxpayers were part of an impermissible tax avoidance arrangement to evade tax liability.
03/28/2021
Among the biggest constraints for countries striving to achieve the SDGs is the lack of financial resources.
03/24/2021
The renewals were to ensure that the gains made by investors in listed companies were not taxed.
03/22/2021
The most relaxed region, Dubai, allows high-income earners to keep all their pay – while Italy ended up taking the biggest slice at 49%.