Managers of Wealth Africa

Uhuru signs tax relief bill to cushion Kenyans against Covid-19

The new law further lowers turnover tax rate from 3 to 1 percent.

Stockbrokers threaten to load VAT on investors

Kasib warns that the tax will lead to an increase in the cost of stockbrokerage, which will ultimately be paid by investors.

Infrastructure, green bond investors to pay levy on interest

The introduction of the tax is set to remove the single most distinctive and attractive feature of these bonds

UBA bank pre-tax profit soars 347pc to Sh105 million

The bank’s loan book, deposits and asset base grew by five percent, 15 percent and five

World Tax Advisor, featuring special COVID-19 section

These measures, which vary in magnitude and scope, are intended to mitigate the economic and fiscal effects on businesses and individuals.

EDITORIAL: Tackling the big tax-dodgers

Large amounts are being diverted offshore through base erosion and profit shifting, which involves diverting earnings made in SA, particularly by multinational companies, to lower-tax jurisdictions.

Pay Your Tax, FG Tells Nigerians

The permanent secretary who stated that tax payment was part of the constitutional responsibility of Nigerians

Banks Extended Stamp Duty Charges To Savings Accounts

Provided that money paid into ones’ own account or transferred electronically between accounts of the same owner by the owner within the same bank shall not be chargeable to duty.

Seychelles to reform tax rates after OECD report

Currently, business tax rates on profits vary between 15% for the tourism, agriculture and fisheries sector; 25%-30% for small- to medium-sized businesses; and 33% for the largest businesses.

Ecobank to appeal tribunal judgement on tax liability

The bank will be appealing to the Federal High Court against the decision of the TAT as it believes

The World’s Biggest Tax Haven Lurked Behind A Dos Santos Penthouse

As scrutiny of her business empire increased, African billionaire Isabel dos Santos turned to one of the world’s most secretive tax havens to conceal a $1.8 million luxury apartment.

Expat tax to hit South Africans in weeks

It is estimated that there are more than 100 000 South Africans in Dubai alone, many thousands of whom will be earning in excess of R1 million a year.

Expat tax is kicking in soon - here's what you should know

"The expat tax exemption has always been there, it is now just being capped. This is because the intention was never to have South Africans working abroad not paying any tax at all.

Taxpayers keep paying the price for policy inaction

Where will the much-needed additional revenue come from?

Tax Appeals Tribunal recovers Ksh 11b in tax dispute judgements

In the recent past the Judiciary has also adopted the principle of exhaustion by referring tax disputes to the Tax Appeals Tribunal for resolution in the first instance so that tax disputes find their way to the courts by way of appeal.

Tax breaks could spur economic growth in South Africa

If these people feel that they are being targeted by the taxman, they might choose to leave the country or to take their money elsewhere.

South Africans living abroad to be hit with 'expat tax'

The expat exemption only relates to South Africans who are tax resident, so the obvious answer would be to cease tax residency of South Africa

Billions lost to weak tax regime as poverty bites

The World Economic Forum (WEF) says almost six people in Nigeria fall into the poverty trap every minute.

Uganda raises tax revenue of 92.5B from offshore – report

. Uganda now makes routine use of exchange of information as a tool to protect its tax base,” the report says.

Property Taxes And The Rich, Famous And Powerful In Ghana

To a very large extent, this class of tax-avoiders or evaders are the same people who own significant real estate in Ghana - residential, commercial, and industrial properties as well as large tracts of land in various areas.