Mauritius Forges Ahead As Africa’s Wealthiest Country
When we think of Mauritius, the mind leans towards a tropical lifestyle that includes surf, sand and sundowners. However, over the last couple of decades, the island has successfully positioned itself as one of the most favourable economic hubs in Africa. News that their final obstacle has been removed, has investors and entrepreneurs suddenly looking […]
Are Your Offshore Investment Structures Compliant With SARS?
SARS Commissioner Edward Kieswetter introduced Natasha Singh as the first director of SARS’s new specialised segment targeting high net worth individuals. Singh’s appointment is considered as strategically essential in terms of ensuring compliance with affluent individuals who have complex financial arrangements.
Misdirected Regulation Creates Banking Woes For Crypto Traders
Since their inception, crypto assets have confounded investors and governments the world over. Their novelty, diversity and accessibility opened them up to scrutiny from fiscal authorities, while their volatility opened investors up to susceptibility.
SARS Taxpayer “Trader Clarity Survey” – Is Non-Submission By 02 November A Risk?
On 12 October 2021, the South African Revenue Services (SARS) launched a survey aimed at certain taxpayers and traders. The stated purpose of the survey is to measure whether SARS’ guidance on tax compliance is clear and certain in its interpretation.
The Crypto Tax Indaba: Data Analyses And Lifestyle Audits
During a recent panel discussion at the 2021 South African Institute of Taxation (SAIT) Tax Indaba, crypto assets, and the taxation thereof, once again came up as a sensitive topic amongst industry professionals.