Managers of Wealth Africa

Fin24.com | Taxes may rise for wealthy in mini budget, says expert

Coming from a ‘tax light’ budget in February, we are heading for tax heavy outcomes in the medium term,” he said. A higher personal income tax bracket may be introduced.

'Break the shackles of big four auditors'

The Independent Regulatory Board for Auditors has announced that it will implement a rotation rule forcing companies to change auditors every few years

CGT on shares of SABMiller a point of dispute

Individual shareholders pay CGT on profit made when selling shares.

China firms caught up in billion-shilling tax probe

We observe with great concern that the company has fluctuated this audit by failure to provide documentation.

SA Revenue Service is ‘outperforming the economy’ - Moyane hits back

The level of tax extraction by SARS moved closer to the levels obtained during the commodity boom cycles in the mid-2000s.

Africa Loses $14B Annually In Tax Evasion, Undermines Growth Of Economies

It was the first ever report by African nations to assess and compare revenue collection systems.

Nigeria: Tax On the Wealthy

The situation has even been compounded by the entry of the economy into recession.

Baker Tilly International Extends Coverage within its Europe, Middle East and African Region

Elsewhere in the region, we have, over recent years, been extending our coverage across Africa.

SA Treasury to extend tax amnesty period three months to end-June 2017

The Treasury has also accommodated concerns over the inclusion rate, which critics said was too high.

Offshore disclosure programme may raise billions

This could "tide us over for a year", and close the revenue gap that the Treasury identified in the February budget, and lessen the need for tax increases.

Davis Tax Committee releases long-awaited report on estate duty - ENS Africa

The DTC is expected to submit an additional report on a possible wealth tax for South Africa, as agreed to with the Minister.

KRA should tax income from corruption and fraud

The Act aims to actualise the taxation principle of simplicity, with the overarching objective being to harmonise the tax administration process as one way of making tax compliance easier.

Tax evasion: Lagos begins sealing of firms

Many companies operate in the state without remitting tax to the state government.

Tanzania extends its e-tax system to cut fraud

One of the most significant measures taken in this battle with tax evasion has been the announcement that the nation’s e-tax system will now apply to all government departments and bodies.

South Africa Issues Tax Amnesty Guide

Relief is available in respect of all taxes administered by SARS.

Government notifies revised tax treaty with Mauritius

India and Mauritius signed had signed the revised Double Taxation Avoidance Convention after prolonged negotiations at Port Louis.

South African Tax Advisers Get No Protection for Reporting on Wealthy

The rules are intended to provide the window of opportunity to come clean ahead of 2017.

Formal emigration back on cards for lump sum withdrawals

National Treasury says it has come to government’s attention that scrapping the requirement that an individual must formally emigrate from South Africa

The Panama papers and the new scramble for Africa

The scramble for Africa was once defined by men with guns forcibly taking what they wanted.

Ecobank Group records 38% profit decline in H1

Our diversified business model, a source of competitive strength, and strategy positively contributed to underlying results.