07/02/2019
10 tax trends SARS is clamping down on
SARS will renew its focus on monitoring income and expenses from commission earners.
Tax
07/02/2019
Five questions about SA’s upcoming expat tax answered
From March 2020, Sars is changing the rules for South Africans working abroad; here’s what you need to know
06/27/2019
Rwanda prefers a wider tax net to raising levies
The government has also introduced changes to cap penalties arising from audits and investigations to a maximum of 20 per cent on any underdeclaration of taxes exceeding 10 per cent of the declared tax.
06/20/2019
Black tax ‘is holding back young professionals’
The burden of supporting extended family can cripple an individual’s financial aspirations.
06/20/2019
Investment Tax Breaks
Tax is a big consideration in an investment portfolio, along with various other factors.
06/19/2019
Black tax ‘is holding back young professionals’
The issue of black tax is a complex one, characterised by a balancing act between the responsibility felt to immediate and extended families, and the desire to attain financial freedom.
06/14/2019
Confusion As New SA SARS Expat Tax Changes Come Into Force
Tax filing opens August 1 for all taxpayers, but digital platforms are available for e-filing from July 1.
06/10/2019
Know the tax consequences of off shore trusts
In terms of the “conduit principle”, the source of income earned by a trust flows through to the beneficiary in the same nature in which it was earned by the trust.
06/03/2019
Zimbabwe introduces digital economy tax, transfer pricing filing requirement
The new law provides for a 100 percent penalty on any shortfall
05/31/2019
Carbon tax becomes law on 1 June 2019 - ENSafrica
The impact of the legislation, along with complementary measures such as the national greenhouse gas emission reporting regulations, will have a transformative effect on the South African economy.
05/30/2019
Ghana’s rising debt shows tax system still not working
Central bank governor Ernest Addison has said that Ghana missed its first-quarter revenue target by almost a fifth, while the country’s total debt at the end of March was up 16% from a year earlier – reaching 58% of gross domestic product (GDP
05/24/2019
How South Africa’s 2019 Budget affects businesses and individuals
Amendments to the foreign income tax exemption for South African residents
05/22/2019
Tax, Regulatory And Other Considerations For Employee Compensation
These emoluments leave different tax footprints, depending on the form of such items and how they are implemented by the employer.
05/21/2019
Wealthy Kenyans jump at government tax amnesty window and wire back more than $10 billion from offshore accounts but the money has ‘disappeared into thin air’
Kenya Revenue Authority says Sh1 trillion was repatriated by some 16,000 applicants who took advantage of the amnesty window during which they were not required to declare the source of their wealth.
05/15/2019
Andersen Global Expands in Africa
Moribame Matthews Enters Into Collaboration Agreement with Andersen Global
05/15/2019
South Africa’s taxman goes global
Expected to come into effect on 1 March 2020
05/08/2019
Low tax yield threatens deficit cuts
Fitch says that weak growth in revenue, largely tax receipts, presents the biggest challenge to Kenya’s fiscal consolidation plan.
05/03/2019
Pressure on taxpayers as SGR loan falls due
This is expected to add to the growing load that the Treasury has to bear considering that it is already servicing interest charges on the loan.
05/03/2019
Economists think South Africa’s persistent inequality should be tackled with a wealth tax
A less explored topic is that of wealth inequality and, relatedly, the potential use of wealth taxation to reduce wealth inequality while also further diversifying the sources of much-needed government revenue.
05/01/2019
Taxing Africa: Coercion, Reform and Development
Today, tax systems across the continent feature a mix of direct taxes on personal and corporate income and indirect taxes on consumption, such as a value-added tax.