“There’s only one remuneration model employers should be considering during COVID-19,” says Tanya Tosen, Tax and Remuneration Specialist at Tax Consulting South Africa.
On 13 October 2020, National Treasury and SARS published their responses on the Draft Taxation Laws Amendment Bill (“TLAB”), which included potential relief for South African expatriates who were unable to leave South Africa owing to the Covid-19 lockdown.
The War Room In these uncertain times, many taxpayers do not have the financial means to settle large debts owed to the South African Revenue Service (“SARS”), between the business restrictions imposed by the spread of COVID-19 and the resultant decline of the South African economy, a large number of small to medium enterprises (“SMEs”), […]