07/10/2018

South Africa taxman names and shames

Any suggestion that the South Africa Revenue Service was making empty threats when it said it would convict and publicly name those who failed to submit outstanding tax returns has officially been put to rest.

06/11/2018

Are foreign trusts still relevant for South Africans?

More specifically, with the implementation on March 1 2017 of Section 7C of the Income Tax Act, which addresses low or no interest loans to trusts, the 2018 tax year marks the first year where South African taxpayers are subject to a Section 7C liability.