01/28/2021
Nowhere to hide for super-rich tax dodgers
Sars is slowly closing off the loopholes that have allowed high-net-worth individuals to hide the scale of their incomes
01/27/2021
Our firm has developed strong relationships with our clients by providing best-in-class solutions and maintaining the highest standards of professional conduct
01/27/2021
The country widened its debt service relief request to all its bilateral lenders, hoping to save a total of Sh69 billion.
01/22/2021
Richest 1% of population own 55% of personal wealth in country
01/22/2021
Taxpayers who take advantage of the programme will receive full or partial waiver of the penalties and interest, depending on the time of payment of disclosed taxes.
01/22/2021
The new tax has added more financial pain to households and businesses that started the year with tax relief measures rescinded by the National Treasury.
01/18/2021
Other options being explored include widening the budget deficit and reprioritising government spending.
01/13/2021
Drive around Clifton, Camps Bay, Bishop’s Court, Bryanston and Sandton and count how many houses there are that have to have that level of income for the upkeep.
01/12/2021
The safest route to remove ambiguity on tax residency status is to follow the formal financial emigration process.
01/12/2021
Last year, the government was also in pursuit of new DTA's with the government of Barbados and the Republic of Singapore.
01/08/2021
Be cautious around advice suggesting cashing in formal retirement savings and investing outside the formal retirement savings system: Alexander Forbes.
01/07/2021
After recovering from the shock of the introductory words of the notice, SARS extends an olive branch and states that it wishes to engage with the taxpayer first, in the interests of administrative justice.
01/05/2021
While many banks struggled with providing dedicated relationship managers to SMEs, other banks quickly adapted by developing “how-to” guides for their relationship managers to navigate client relations during the pandemic.
12/29/2020
This proposal would result in companies having to pay tax in each Member State (MS) where they have a significant digital presence.
12/23/2020
And there is the informal sector, which means everyone who does business illegally and illegitimately, not paying taxes, or anything else either, from NHIF to NSSF contributions and onwards.
12/22/2020
Domestic public resources are central to development as recognised by the Sustainable Development Goals (SDGs) and the Addis Ababa Action Agenda – resulting from an international conference held in the Ethiopian capital in 2015.
12/16/2020
The EAC has been implementing an exemption and remission scheme since the EAC Customs Union was established in 2005.
12/10/2020
Generally, the administration costs pertaining to foreign trusts are substantially higher than those of South African trusts, which has discouraged people from using these structures.
12/08/2020
Global Alliance for Tax Justice said tax loss of $25.7 billion every year is equivalent to 52.46 percent of the continent’s combined health spending and equates to 28.67 percent of Africa’s combined education spending.
12/07/2020
Global Alliance for Tax Justice said tax loss of $25.7 billion every year is equivalent to 52.46 percent of the continent’s combined health spending and equates to 28.67 percent of Africa’s combined education spending.