NEWS | I WOULD LIKE TO EMIGRATE USING MY PROVIDENT FUND. HOW MUCH WILL I BE TAXED?
A Fin24 user planning to use their provident fund to emigrate wants to know whether they will be taxed after the first R22 500.
A Fin24 user planning to use their provident fund to emigrate wants to know whether they will be taxed after the first R22 500.
There is no shortage of reports in the public domain exposing high-profile individuals who are delinquent in their tax affairs, but it appears that SARS is not interested in bringing them to book.
In the recent case of CSARS v Clicks Retailers (Pty) Ltd (58/2019) (2019) ZASCA 187, the Supreme Court of Appeal (“the SCA”) sided with SARS in its interpretation of section 24C of the Income Tax Act, No. 58 of 1962. Contractors and others who avail themselves to this provision should heed the permutations set by […]