Budget Speech 2019: Illicit Economy Unit
Reports released in November 2018 indicate that 1 of 3 cigarettes sold in South Africa is illegal. The cost of illegal cigarettes is about R50-60 per carton while legal cigarettes are sold locally in South Africa for R250 per carton. Consumption of illegal tobacco keeps increasing due to the higher selling price of legal cigarettes.
Budget Speech 2019 : Renewable Energy and Carbon Tax – Key to Eskom’s Salvation?
As global warming is increasing rapidly, the world has turned to renewable energy to try and decrease our carbon use and harmful gasses. Global warming might not have been the only reason for South Africa to consider renewable energy- as this topic comes to light with the current Eskom crisis.
Budget Speech 2019 – OECD’s Common Reporting Standard – Nowhere To Hide
National Budget Speech – OECD’s Common Reporting Standard – Nowhere To Hide The Budget Speech is just one of the times where a tax attorney shows their worth. Instead of just reviewing the headlines, a tax attorney should be delving into the budget proposals, current policies and policy adjustments. The need for an in-depth review […]
National Treasury opens door for more discussions on expat tax
National Treasury has invited key stakeholders to a workshop early next month to address continued concerns around the amended foreign income tax exemption.