Managers of Wealth Africa

Tax obligations: A warning for foreigners and expats purchasing property in South Africa

South Africans who financially emigrated and relinquished their SA tax residency and tax numbers on their way out will face a few hurdles

PwC marks decade of strategic consulting

It was also to help clients translate this advice into tangible actions by marshaling PwC’s diverse community of solvers.

Critical tax deadline fast approaching – a first for South Africa

The annual third-party data submission season starts in April and closes on 31

Sars knows what’s happening in your bank account

Discrepancies between declarations and deposits may result in additional tax and penalties.

35 illegal tax collectors facing prosecution, says Benue IRS

Agena lamented the activities of illegal tax collectors in the state, noting that most of them had the backing of prominent individuals.

Important Vat principles clarified in Capitec case

Capitec borrows money as part of its business.

Government won’t overburden Ghanaians with taxes – Finance Minister

He indicated that there was an urgent need to increase revenue in line with the implementation of the $3 billion loan-support programme

Think twice before taking on SARS in court

“This strategy has been implemented over several years and is continually producing better results each fiscal year.”

Sh75bn tax bill stalls M-Pesa split from Safaricom

Discussions about the split have taken years, with Safaricom pushing for an international reorganisation so as to avoid paying taxes on the transaction.

SARS has South Africa’s banks in its crosshairs

The tax authority in December instituted legal proceedings against lender and financial services group

Debt service devours 84pc equivalent of tax revenue

The rise in debt service costs comes when the country is struggling to grow tax revenue, meaning a thinner spending on development that drives economic growth and also more borrowing to run government.

Kieswetter’s latest tax haul beats estimates

Compliance revenue increased 26.7% to R294 billion, and R101 billion of impermissible refunds were prevented.

Sars collects an ‘unexpected’ extra R10bn

Compliance drive set to continue in new tax year.

FIRS will not introduce additional taxes – Adedeji

Adedeji stated this on Wednesday, when the Chief Executive Officer of Guinness Nigeria Plc, Adebayo Alli, led the management team of the company on a visit to the Revenue House in Abuja.

KRA seen missing tax target by Sh330bn

The revenue miss forecast by PBO will be an equivalent of 13.2 percent of the targeted Sh2.49 trillion for the financial year

Don’t get taxed out: High interest rates could mean high tax bills

Why taxes must be factored in when evaluating returns, especially for high-income earners.

KRA downplays data privacy concerns on eTims use

The latest to raise concerns are members of the Kenya Medical Association (KMA) who earlier in the week decried what they termed forced disclosure of patients’ data.

Tax Matters – High net worth individuals are on IRB’s radar

If the HNWI are unable to reconcile the discrepancies, it is advisable for them to volunteer to pay the extra taxes.

Revenue Improvement through Taxation

This tax revenue deficiency stems from limited coverage of indirect taxes, poor tax compliance, extensive tax exemptions, and low tax rates.

Property taxes plunge Sh1.8bn on sales delay

The KRA enforced the 15 percent CGT rate from January 2023 deductions