06/16/2021
The investment in technology will deliver what PwC calls "the audit of the future" as it will be able to handle much larger volumes of data and to assess a much broader range of risks, and not just the financial metrics that auditing has traditi
06/09/2021
The taxpayer had disposed of shares in two related companies that formed part of the same group.
06/02/2021
The past year also left the markets wondering whether a trade deal would ever be struck between the UK and the European Commission as the Brexit deadline loomed.
06/02/2021
The commission said that generation is especially vulnerable due to the impact that the pandemic has had on household income and consumption behaviour.
05/26/2021
"The correct data is also important, where taxpayers have to file a return, to enable them to do so with the correct information during the filing season for individuals, which starts on 1 July,” said SARS.
05/24/2021
While in the past, expatriate income was largely exempt from taxation, from 1 March 2020, their earnings above R1.25 million are subject to tax of up to 45%.”
05/18/2021
The current punitive measures are not harsh enough.
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