NEWS | EXPAT TAX: COUNTDOWN TO IMPLEMENTATION KICKS OFF
An amendment to the Income Tax Act will bring considerable change to the expat landscape as from March 1, 2020. Jean du Toit and Jonty Leon are the technical editors of the publication “Expatriate Tax – South African Citizens Working Abroad and Foreigners in South Africa”.
NEWS | AN IMPORTANT DATE WITH THE TAXMAN IS AROUND THE CORNER
The February payment is the most crucial for provisional taxpayers – and don’t assume that you aren’t one. Taxpayers who earn additional income such as rental, trade or interest income have an important date with the taxman at the end of February. It is the time when they have to submit their provisional tax return […]
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.
NEWS | SOME TAXPAYERS ARE MORE EQUAL THAN OTHERS
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.
NEWS | SUPREME COURT OF APPEAL CURBS ABUSE OF SECTION 24C
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 […]