10/05/2022
The new rates that took effect from October 1 are in line with the law that requires the KRA to review inflation tax in tandem with the cost of living measure or the average rate of inflation in the 12 months through June.
09/29/2022
Tax investigations have resulted in notable successes, including legal recovery, civil proceedings and criminal charges
09/27/2022
Thank you to our clients for their ongoing support
09/23/2022
The financial report the banks presented to the Nigerian Exchange Limited, NGX, also shows that GTB recorded the highest Year-on-Year (YoY) growth rate in CIT at 88 percent.
09/22/2022
Debt servicing costs reached nearly $1.5bln in July and August 2022
09/21/2022
These practitioners go beyond the call of duty for their clients and we are honoured to have them as part of ENSafrica.
09/07/2022
The subsector contributed 76.29 per cent, and 79.49 per cent to the sector’s nominal and real GDP in the first half of 2022.
08/29/2022
Anyone believing that they are ‘out of sight, out of Mind’ may fast find themselves being approached by revenue service, says Natasha Singh.
08/18/2022
He said this during the presentation of practice licence certificate ceremony to newly deserving and qualified tax practitioners in Lagos.
08/15/2022
When going through the process of ‘financial emigration’, it is important that an ex-pat ensures all benefits that come with ceasing tax residency.
08/03/2022
Below, please find issue 88 of ENSafrica’s tax in brief, a snapshot of the latest tax developments in South Africa.
08/03/2022
Kenya Revenue Authority’s enforcement unit is pursuing suspected tax evaders
07/26/2022
The overall goal of the BIG would be to alleviate poverty.
06/21/2022
Although cybercriminals use other sophisticated tactics to steal information, social engineering scams are low-hanging fruit, especially during tax season.
06/10/2022
Afrigo, a real estate firm with ties to a Chinese construction giant, disguised more than $200 million using fake loans, fictional imports, phantom entities and more with the help of bankers and other enablers, according to a government audit.
06/09/2022
The bank had argued that the taxman was wrong in seeking to collect taxes on what it termed as premiums for unsecured loans and which do not attract excise duty.
06/03/2022
The proposals, if adopted, will see the tax on a litre of beer rise 23.1 percent to Sh150 from the current Sh121, which will increase the price of a bottle of beer by Sh15.
05/26/2022
South Africa subsequently met the criteria for a FATF International Co-operation Review Group review
05/23/2022
G7 countries cost the world $115 billion in lost tax – African finance ministers call for a UN tax convention
Three G7 countries ranked among the top 10, with the US in 1st, Japan in 6th and Germany in 7th.7
05/19/2022
The Financial Action Task Force has warned South Africa that it needs to improve the prosecution of financial crimes in the country if it wants to avoid the list and join the likes of the Cayman Islands, Panama and Morocco.