NEWS | 7 NEW LOCKDOWN RULES INCLUDING SARS OFFICIALS RETURNING TO WORK
Government has published more than a dozen new directives around South Africa’s lockdown regulations since the official introduction of level 4 restrictions on Friday (1 May).
NEWS | WORKING FROM HOME: WHAT COVID-19 MEANS FOR TAXES ON EXPATS STUCK IN PLACE
Following the most recent presidential address, it is clear that South Africa’s borders are going to remain closed for non-essential travel, at least for the time being.
NEWS | SUPREME COURT OF APPEAL CONFIRMS THAT 15% VAT IS CHARGEABLE ON CROSS-BORDER GOODS AND SERVICES
Introduction Many South African companies make a living by providing goods and rendering services in Africa. Where these companies are vendors, VAT is ordinarily levied at 0% on these foreign supplies; which assists to ensure that there is no VAT leakage.
NEWS | TAX PRACTITIONERS AT THE READY – SARS OFFICIALS RETURN TO WORK
On 4 May 2020, the Minister of Finance issued a telling directive in Government Gazette No. 43266, in terms of which “services required to comply with an obligation imposed by or to exercise a right in terms of a tax Act” are expressly included within the ambit of “essential financial services”.
NEWS | COME RAIN OR COME SHINE, EXPATRIATE TAX WILL BE DUE SOON
Here comes the rain again With 1 March 2020 being the sunrise of the expatriate tax, the first tax payment will become due 31 August 2020.
NEWS | FLEXIBLE BENEFITS CAN PROVIDE FINANCIAL RELIEF DURING COVID-19
The COVID-19 outbreak has propelled countries around the world to implement strict measures to combat the virus. President Cyril Ramaphosa imposed minor restrictions on gatherings and alcohol sales as a start.
NEWS | SOUTH AFRICAN EXPAT TAX: SEAFARERS & YACHTIES AT RISK DUE TO MISINFORMATION
A made-up story With all kinds of information regarding expatriate tax going around, seafarers and yachties (referred to jointly as seafarers hence forth) have been the ones who have been on the receiving end of the most confusing and contradicting guidance.
NEWS | WORKING FROM HOME: EMPLOYEES GET LITTLE TAX RELIEF
Many South Africans had to scramble to set up a home office when the country went into lockdown at the end of March in an effort to curb the spread of Covid-19. When the lockdown was extended by another two weeks, employees started asking questions about the expenses they have been incurring while working from home.
NEWS | CAN I CLAIM TAX DEDUCTIONS BECAUSE I’M WORKING FROM HOME?
As more South Africans work from home during the coronavirus pandemic, the question arises of whether they qualify for tax deductions.