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High Net Worth Individual Taxpayers Must Expect More SARS Attention

Budget 2022 – National Treasury Backs SARS’ Tough New Disclosure for The Rich

28/02/2022/in Latest News, News & Articles/by admin

The Budget 2022 announced a new tax disclosure for wealthy taxpayers. This is part of SARS’ High Wealth Individual strategy and where a dedicated unit is now operating within SARS to focus on these taxpayers.

10 Key Highlights from the 2022 Budget Speech

23/02/2022/in Latest News, News & Articles/by admin

The Minister of Finance, Enoch Godongwana, delivered his maiden Budget Speech this afternoon. Discussed below are 10 key highlights from the 2022 Budget Review.

Tax Non-Residency And Property In South Africa

17/02/2022/in Latest News, News & Articles/by admin

Tax Non-Residents can acquire and sell South African immovable property in South Africa as there are currently no restrictions prohibiting them from doing so. The only restriction is that illegal aliens may not own immovable property in South Africa.